Valeria has been planning to open a child care center and has been asked by the small business center to create a document that includes the market, strategies, and future directions. This document is called an)
A) initial public offering.
B) income statement.
C) balance sheet.
D) business plan.
E) opportunity analysis.

Question

Quizplus · Accepted Answer

A business plan is a document that outlines the market analysis, strategies, and future directions for a business. It is commonly required by small business centers and investors to evaluate the feasibility and potential success of the business. The other options listed are financial statements or analyses and do not provide the same level of comprehensive planning and strategy development as a business plan.

Valeria Has Been Planning to Open a Child Care Center