Which of the following is one of the six questions most lenders and prospective investors expect to be answered in a marketing or business plan?
A)Does the prospective product meet all government safety standards?
B)Who is your competition and what are they doing?
C)Who will be your key suppliers?
D)Is there a clear market for the product or service?
E)What are your taxes?

Question

Quizplus · Accepted Answer

The six most-asked questions are the following: (1)Is the business or marketing idea valid? (2)Is there something unique or distinctive about the product or service that separates it from substitutes and competitors? (3)Is there a clear market for the product or service? (4)Are the financial projections realistic and healthy? (5)Are the key management and technical personnel capable,and do they have a track record in the industry within which they must compete? (6)Does the plan clearly describe how those providing capital will get their money back and make a profit?

Which of the Following Is One of the Six Questions