Your team is in the middle of writing your business plan to present to a key investor next month.In the process,a sales opportunity arises that will provide some positive cash flow.You should:
A) Put the business plan on hold and service the customer
B) Put the customer off until you have met with the investor
C) Hire an outside consultant to keep the plan on schedule while you service the client
D) Seek advice from the key investor
Correct Answer:
Verified
Q10: Professional investors will discount the potential of
Q11: If a team is starting a venture
Q12: During a business plan presentation,entrepreneurs can become
Q13: When speaking with venture capitalists,the entrepreneurial team
Q14: The business plan becomes the point of
Q15: What aspect of the plan would be
Q16: The right investor can make the difference
Q17: It is acceptable to have unnamed management
Q19: Since business plans are obsolete at or
Q20: Venture capitalists can be expected to say
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