Which of the following is one of the six questions most lenders and prospective investors expect to be answered in a marketing or business plan?
A)Does the prospective product meet all government safety standards?
B)Who is your competition and what are they doing?
C)Who will be your key suppliers?
D)What are your taxes?
E)Is there something unique or distinctive about the product or service that separates it from substitutes and competitors?

Question

Quizplus · Accepted Answer

Lenders and investors are primarily interested in the potential profitability of a business, and a unique or distinctive product or service is a key factor in achieving that. While other aspects such as safety standards, suppliers, and taxes are also important, they are not typically considered one of the six most critical questions.

Which of the Following Is One of the Six Questions