Multiple Choice
Why do many entrepreneurs write a business plan after they have exhausted their personal funds?
A) to obtain outside funding to get up and running
B) to formalize marketing plans to run a marketing campaign
C) to educate employees on how the business operates
D) to finalize their organizational structure for government submission
Correct Answer:

Verified
Correct Answer:
Verified
Q114: Mary Kate wants to start a business.
Q115: The development of the Internet has made
Q116: Because they lack the financial resources to
Q117: What source of funding do the majority
Q118: Small businesses are the major source of
Q120: One drawback of small businesses is that
Q121: Most entrepreneurs have a very realistic appreciation
Q122: Successful entrepreneurs are seldom visionaries. Instead, their
Q123: The Internet has opened a wide range
Q124: A key benefit of buying an existing