Business Plan Basics

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CharitableLongBeach
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What is the purpose of a summary business plan?

To attract potential investors by showcasing the business opportunity.

Who are the primary audiences for a firm's business plan?

Employees and investors

What is the typical length of a full business plan?

25 to 35 pages

What does an operational business plan provide a blueprint for?

<p>Company's operations</p> Signup and view all the answers

What does the executive summary provide busy readers with?

<p>Overview of the entire business plan</p> Signup and view all the answers

Why do companies in the early stages of development prepare a summary business plan?

<p>To see if potential investors are interested in their idea.</p> Signup and view all the answers

What is the purpose of a milestone in a business?

<p>To identify the most important steps completed</p> Signup and view all the answers

What is the main focus of an industry analysis in a business plan?

<p>Breaking down the industry into segments</p> Signup and view all the answers

Who do investors primarily look at when assessing a business plan?

<p>The executive summary</p> Signup and view all the answers

What is the purpose of an assumptions sheet in a business plan?

<p>To explain critical financial assumptions</p> Signup and view all the answers

How long does the oral presentation of a business plan typically last?

<p>15 to 20 minutes</p> Signup and view all the answers

What should be the quality of PowerPoint slides in a business plan presentation?

<p>Sharp and not cluttered with material</p> Signup and view all the answers

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