A well-prepared business plan forces an entrepreneur to assess the venture's chances of success more objectively.
Correct Answer:
Verified
Q11: To get external financing, an entrepreneur's business
Q12: A business plan is a written summary
Q13: The value test that a business must
Q14: The three "tests" associated with a business
Q15: Potential investors tend to believe that if
Q17: To convince lenders and investors to put
Q19: The value test that a business plan
Q20: The reality test that a business plan
Q21: Because the entrepreneur is the driving force
Q61: The primary purpose of building a business
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents