The business plan is used primarily to aid in the development of relationships with outsiders and not so much with insiders.
Correct Answer:
Verified
Q11: Investors are more product-oriented than market-oriented.
Q11: Business plans should be prepared so that
Q13: The level of complexity of a business
Q14: Business plans should seldom exceed 40 pages
Q14: Once the decision is made to prepare
Q15: The prospective investor usually plays the role
Q18: Because they have personal resources at risk,
Q20: Entrepreneurs typically focus on the positive potential
Q21: The marketing plan should identify user benefits
Q22: Even if the business plan reveals sensitive
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