The professionalization of the entrepreneurial process, which has developed over the last 20 years, has almost eliminated the need for young entrepreneurs to write business plans themselves.

Question

Quizplus · Accepted Answer

While the professionalization of the entrepreneurial process has introduced many resources and services that can assist with business plan creation, young entrepreneurs still need to be actively involved in writing their business plans to understand their business model deeply and communicate their vision effectively to investors and stakeholders.

The Professionalization of the Entrepreneurial Process, Which Has Developed Over