Brenda is starting her own small home decorating company. She is developing the company's business plan. What is something the business plan should accomplish?

Question

Quizplus · Accepted Answer

A business plan should act as a guide and reference document, not a shackle to limit the business's flexibility and decision-making ability. The business plan should include an explanation of the business, an analysis of the competition, estimates of income and expenses, and other information. The business plan must be revised periodically to ensure that the firm's goals and strategies adapt to changes in the environment.

Brenda Is Starting Her Own Small Home Decorating Company