Which of the following statements is(are)true?
A)The business plan describes both internal and external elements.
B)The preliminary business plan should be prepared by a lawyer.
C)Most business plan resources on the Internet are too complex and expensive to be of use to the new venture.
D)Once made,a business plan should not be changeD.

Question

Quizplus · Accepted Answer

The business plan should include both internal elements such as management structure and external elements such as market analysis and competition.

Answer: None
 It is not necessary for a lawyer to prepare the preliminary business plan as it is usually done by the entrepreneur or a team of individuals involved in the venture.

Answer: None
 There are numerous business plan resources available on the internet, including free and affordable options catering to the needs of new ventures.

Answer: None
 A business plan is a dynamic document that needs to be revised and updated regularly to reflect changes in the market conditions and business environment.

Which of the Following Statements Is(are)true