Which of the following is one of the "red flags" listed in the textbook that raises questions about one or more aspects of a company's business plan?
A) takes several days or weeks to complete
B) founders that have their own money at risk
C) defining the market size too broadly
D) less than 50 pages long
E) directed towards both an external and an internal audience

Question

Quizplus · Accepted Answer

Defining the market size too broadly can be a red flag as it suggests the company may not have a clear understanding of their target audience and may struggle to effectively reach and serve their customers.

Which of the Following Is One of the "Red Flags