Kathy Elliot has decided that she will start an Internet company to sell reliable used cars to customers nationwide.She has decided to use the sole proprietorship business format.Elliot's next step is to write a formal _____ before she applies for a business loan.

Question

Quizplus · Accepted Answer

A business plan is essential for outlining the business's goals, strategies, and financial projections, which is crucial when applying for a business loan.

Kathy Elliot Has Decided That She Will Start an Internet