Some start-up investors do not believe a business plan is beneficial in the early stages because
A)it is too easy for anyone to write up a plan.
B)most of the information is available on the Internet.
C)investors spend too much time reading them.
D)there is no need if the product is going to work.
E)it is difficult to anticipate circumstances and obstacles that will be encountered.

Question

Quizplus · Accepted Answer

Some start-up investors believe that a business plan is not beneficial in the early stages because it can be difficult to anticipate all the circumstances and obstacles that will be encountered. They may prefer to focus on the team, product, and market potential instead.

Some Start-Up Investors Do Not Believe a Business Plan Is