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

Question

Quizplus · Accepted Answer

The legal form of organization is a fundamental aspect of a company's structure and is typically discussed in the company description section of a business plan. This section provides an overview of the company's history, mission, ownership structure, and legal form of organization, which can include options such as a sole proprietorship, partnership, LLC, or corporation. The financial plan may address financial projections, fundraising goals, and budgeting strategies, while the executive summary and marketing plan focus on summarizing key points and promoting the company's products or services.

In a Business Plan, the Legal Form of Organization Would