Which of the following statements is incorrect regarding business plans?
A) A firm's business plan is typically the first aspect of a proposed venture that will be seen by an investor.
B) To make the best impression, a business plan should follow an unconventional structure, so it will stand out.
C) A business plan has both an external and an internal audience.
D) A company's business plan is typically written by its founders.
E) Potential investors are typically keenly interest in a company's business plan.

Question

Quizplus · Accepted Answer

A business plan should follow a standard structure that includes an executive summary, company overview, industry analysis, marketing strategy, and financial projections. While a unique and creative presentation can be beneficial, the content and organization of the plan are more critical for making a positive impression on investors.

Which of the Following Statements Is Incorrect Regarding Business Plans