If there is any section of the business plan in which entrepreneurs should strive to hold their enthusiasm and optimism in check,the financial section is not it. Overly optimistic predictions get the investor excited about the venture's potential and leads to a high number of the entrepreneur's projections being accepted.
Correct Answer:
Verified
Q14: Analysis paralysis may occur when an entrepreneur
Q15: Part of the reason that it is
Q16: Once a business plan is written,it should
Q17: The management section of a business plan
Q18: The executive summary is a brief,clear,and persuasive
Q20: Explanation of how the new product or
Q21: When thinking about potential risks that new
Q22: Sophisticated investors want to see specific and
Q23: The part of the business plan that
Q24: Entrepreneurs can show investors that they are
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