While preparing the first draft of the business plan,the entrepreneur should not:
A)prepare it from his or her personal viewpoint.
B)take into consideration the constituencies that will ultimately read and evaluate the plan's feasibility.
C)prepare it with an aim to identify possible barriers to success.
D)try to define the goals and objectives of the venture.

Question

Quizplus · Accepted Answer

Taking into consideration the constituencies that will ultimately read and evaluate the plan's feasibility is crucial in preparing the first draft of a business plan. It helps ensure that the plan is tailored to meet the needs and requirements of its intended audience, and increases the chances of securing funding and support. A, C, and D are all important components of a business plan and should be included in the first draft.

While Preparing the First Draft of the Business Plan,the Entrepreneur