A well-written business plan can help an entrepreneur with all the following EXCEPT ________.
A)applying for a bank loan to start or expand a business
B)getting feedback from customers on the product or service
C)getting clear on business goals and objectives
D)identifying potential business profits for the next one to three years

Question

Quizplus · Accepted Answer

While a well-written business plan can help an entrepreneur with applying for a bank loan, getting clear on business goals and objectives, and identifying potential profits, it is not designed to specifically gather feedback from customers on the product or service. This would require a separate marketing research plan or customer feedback strategy.

A Well-Written Business Plan Can Help an Entrepreneur with All