Shelley is very excited about launching her new business-providing customized and personalized umbrellas.Her business will be completely online,and she is convinced she has thought everything through.The last step is getting investors interested in her venture,but they do not seem to be as excited as she is.When they ask her what the business is about,she can speak about it,but her documentation is confusing.She is concerned that she will never find the necessary investment or financing to get the business off the ground.What is the first thing you would recommend Shelley do?

Question

Quizplus · Accepted Answer

Writing a business plan is the first thing Shelley should do as it will help her clarify her business idea, identify potential obstacles and create a roadmap for the business. It will also provide a structured document which can be presented to investors to explain the business and its potential for growth.

Shelley Is Very Excited About Launching Her New Business-Providing Customized