The business plan for a high potential venture shows the business's ability to do all of the following except:
A) Create or add significant value to a customer or end-user.
B) Solve a significant problem, or meet a significant want or need for which someone will pay a premium.
C) Have robust market, margin, and moneymaking characteristics.
D) Raise financing to seize the opportunity.
E) Fit well with the founder(s) and venture team.
Correct Answer:
Verified
Q5: The business plan should identify several alternative
Q7: The entrepreneurial team should accept orders and
Q8: It is considered bad form to tailor
Q10: If a venture intends to use the
Q11: Seasoned investors may ask questions to see
Q13: It is okay to have unnamed venture
Q14: A good reviewer also can act as
Q16: The right investor can make the difference
Q16: When speaking with venture capitalists, the entrepreneurial
Q19: Since business plans are obsolete at or
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