A well constructed formal business plan business plan provides the following benefits (select ALL that apply):
A well constructed formal business plan business plan provides the following benefits (select ALL that apply):
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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A well constructed formal business plan business plan provides the following benefits (select ALL that apply):
a. |
Is used as a tool for communication with outside financial sources |
|
b. |
Is essentially a roadmap that helps align key stakeholder |
|
c. |
Forces the entrepreneur to think critically and objectively |
|
d. |
Summarizes projected capital & resource requirements |
|
e. |
Outlines operating strategies & expected results
|
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