Deon is opening a car wash,and he has approached SCORE,an SBA organization that assists small-business owners in setting up their companies.As a new business owner,the SCORE counselors would probably advise Deon to
A)learn from experience,the best teacher,rather than a mentor.
B)avoid developing a business plan the first year of business.
C)try new things regardless of the risk.
D)get a new perspective by asking people who have failed.
E)write a business plan.

Question

Quizplus · Accepted Answer

As a new business owner, one of the most important steps Deon can take to set up his car wash for success is to write a business plan. This plan can help him outline his goals, strategies, and financial projections. It can also serve as a tool to attract investors or secure financing. SCORE counselors are likely to stress the importance of a solid business plan for any new business owner. Therefore, choice E is the best option.

Deon Is Opening a Car Wash,and He Has Approached SCORE,an