An effective business plan should include:

Question

Quizplus · Accepted Answer

All three options - the vision of the founder(s) and its mission, description of potential competitors, and what makes the company unique - are important components that should be included in an effective business plan. The vision and mission help establish the direction and purpose of the business, while identifying potential competitors and highlighting the unique qualities of the business can help it stand out in the market.

An Effective Business Plan Should Include