Questions and Answers
What is a business plan for entrepreneurs?
A systematic, realistic evaluation of a venture's chances for success in the market.
Which document summarizes the analysis done to justify a new business?
Business plan
How is a business plan developed?
Forces an entrepreneur to think a business idea through, considering both its positive and its negative aspects.
What functions does a business plan perform?
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What is one of the focuses of a business plan?
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What is the primary purpose of a business plan for entrepreneurs?
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Which document becomes the summary of the analysis done to justify a new business?
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How is a business plan typically developed by entrepreneurs?
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Which function does a business plan NOT typically perform?
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What is the primary focus of a business plan?
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