Multiple Choice
A solid business plan is marked by a number of characteristics including:
A) broad,general market research on the overall industry and business environment.
B) a description of the management team.
C) a minimum of financial detail.
D) an optimistic financial projection and understandable risk statement.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Proving that a profitable market exists involves:<br>A)showing
Q16: General requests for funds e.g. ,"working capital"
Q17: An explanation of how the product will
Q18: Defining the target market's potential and describing
Q19: The conditions in the business environment have
Q21: What are the primary steps to proving
Q22: Which statement is correct?<br>A)Lenders and investors are
Q23: The phrase,"avoid the off-the-shelf,'cookie-cutter' approach that produces
Q24: The business plan has two essential functions;it
Q25: The _ acquaints lenders and investors with