Jill is writing a business plan for a small home based operation.If well written,the business plan will assist her in determining if
A)the business aligns with personal goals.
B)an investor would be a perfect fit for the proposed company.
C)suppliers can be found for the operation.
D)outsiders can be made into insiders.

Question

Quizplus · Accepted Answer

A well-written business plan will help Jill determine if the business aligns with her personal goals, values, and aspirations. It will outline the purpose and objectives of the business and help her assess if it is a viable and sustainable venture for her to pursue. It will also help her identify potential challenges and risks and come up with strategies to mitigate them. While a business plan may help attract investors and suppliers, its primary purpose is to assist the entrepreneur in making informed decisions about their business idea.

Jill Is Writing a Business Plan for a Small Home