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Questions and Answers
Which of the following is NOT true about software packages for writing a business plan?
Which of the following is NOT true about software packages for writing a business plan?
- They employ an interactive, menu-driven approach
- They often provide a boilerplate plan (correct)
- They can be very helpful
- They should be avoided
What is one important aspect that a business plan should provide information on?
What is one important aspect that a business plan should provide information on?
- The length of the plan
- All the important aspects of the proposed venture (correct)
- The number of software packages available
- The sense of excitement
What is one characteristic of a good business plan?
What is one characteristic of a good business plan?
- It should be short enough to maintain reader interest (correct)
- It should be written in a menu-driven format
- It should be a boilerplate plan
- It should be long enough to provide sufficient information
What should entrepreneurs avoid when writing a business plan?
What should entrepreneurs avoid when writing a business plan?
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What should a business plan project about the possibilities of a new venture?
What should a business plan project about the possibilities of a new venture?
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