Multiple Choice
When creating financial forecasts in a business plan for a proposed venture,an entrepreneur should:
A) be sure that all forecasts are realistic.
B) embellish all forecasts to make the numbers look really impressive.
C) include any assets of the officers/owners that can be used as collateral.
D) list all previous loans which are in default.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q26: The quality of the entrepreneur's business plan
Q27: An entrepreneur should not include an exit
Q29: A business plan presentation should cover:<br>A)the company's
Q30: The executive summary is a written version
Q31: What financial data will lenders want to
Q32: The reality test of a business plan
Q33: The company history should explain why the