A Business Plan Is Important as It Forces the Founding

A business plan is important as it forces the founding team to systematically think through every aspect of their new venture and ________.

A) it is a budget
B) it is a public relations document that can be used to promote the firm
C) it is a contract that is signed by the founders of the firm
D) it is a financial analysis
E) it communicates the merits of a new venture to outsiders, such as investors and bankers

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free