In a business plan, the legal form of organization would be discussed in the
A) financial plan.
B) general company description.
C) executive summary.
D) marketing plan.

Question

Quizplus · Accepted Answer

The legal form of organization refers to how the business will be structured, whether it will be a sole proprietorship, partnership, LLC, corporation, etc. This information is typically discussed in the general company description section of a business plan. The financial plan deals with projected financial statements and budgets, the executive summary is a brief overview of the entire plan, and the marketing plan focuses on strategies for promoting and selling products or services.

In a Business Plan, the Legal Form of Organization Would