Cindy Kramer is in the very early stages of putting together a business startup, and is thinking about writing a business plan to request funds to conduct a feasibility analysis and write a more complete business plan. What type of business plan should Cindy write at this point?
A) full business plan
B) tactical business plan
C) summary business plan
D) operational business plan
E) strategic business plan

Question

Quizplus · Accepted Answer

Cindy should write a summary business plan at this point, as she is only seeking funds to conduct a feasibility analysis and write a more complete business plan. The summary business plan will provide an overview of her business idea, target market, competition, and financial projections, while keeping the document brief and to the point. This will allow potential investors to quickly grasp the viability of the business idea and determine whether or not they want to invest further in the project.

Cindy Kramer Is in the Very Early Stages of Putting