A business plan is the key to raising capital.

Name: A business plan is the key to raising capital.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A well-written business plan is often necessary to convince investors or lenders to provide capital for a business. It outlines the company's goals, strategies, financial projections, and other important information that investors and lenders need to make informed decisions. Without a solid business plan, it can be difficult to secure funding for a new venture.

A Business Plan Is the Key to Raising Capital