The second essential purpose for creating a business plan is ________.
A) to guide the operation of the company by charting its future course and devising a strategy for following it
B) to attract lenders and investors
C) to file with the SEC before a public stock offering
D) to attract potential managers and employees to run the new venture
Correct Answer:
Verified
Q2: The _ test that a business plan
Q3: The competitive test that a business plan
Q4: A solid business plan _.
A)forces potential entrepreneurs
Q5: A business plan _.
A)is a valuable managerial
Q6: The competitive test that a business plan
Q7: Although building a business plan does not
Q8: The reality test that a business plan
Q9: The data shows that writing a business
Q10: A business plan is a written summary
Q11: To get external financing, an entrepreneur's business
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