A(n) _____ plan describes the direction for a new business and the financing needed to operate it.

Question

Quizplus · Accepted Answer

A business plan outlines the goals, strategies, and financial needs for a new business. A succession plan outlines the transfer of leadership in a company, a structural plan outlines the organization and hierarchy of a company, an operational plan outlines the day-to-day processes of running a business, and a feasibility plan analyzes the potential success of a business idea.

A(n) _____ Plan Describes the Direction for a New Business