Which formal planning step often overemphasizes financial projections while neglecting other information that is important to investors?
A) The business audit.
B) The financial statement.
C) The business plan.
D) The opportunity analysis.
E) The business incubator.

Question

Quizplus · Accepted Answer

Most business plans devote so much attention to financial projections that they neglect other important information that matters greatly to astute investors. In addition to the numbers, the best plans convey, and make certain that the entrepreneurs have carefully thought through, five key factors: the people, the opportunity, the competition, the context, and the risk and reward.

Which Formal Planning Step Often Overemphasizes Financial Projections While Neglecting