All plans have risks, and a solid business plan should acknowledge critical assumptions made, the risk of those assumptions proving false, and a plan to confirm/deny those assumptions in a timely manner.

Question

Quizplus · Accepted Answer

A solid business plan should indeed acknowledge the critical assumptions made, outline the risks associated with those assumptions, and detail a strategy for validating or refuting those assumptions promptly to ensure the business can adapt and mitigate potential negative impacts.

All Plans Have Risks, and a Solid Business Plan Should