Which of the following is not an important reason for preparing a business plan?
A)To persuade investors to invest in your company
B)To obtain financing from a bank
C)To use as a yardstick by which you can measure your business' performance
D)All of the above are reasons for preparing a business plan

Question

Quizplus · Accepted Answer

All the options listed (A, B, and C) are indeed important reasons for preparing a business plan. A business plan is crucial for attracting investors, securing financing from banks, and serving as a benchmark for measuring the performance of the business.

Which of the Following Is Not an Important Reason for Preparing