Why Business Plans Fail

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Questions and Answers

Entrepreneurs with no experience in the planned business are more likely to succeed.

False (B)

Setting measurable objectives is a common reason why business plans fail.

False (B)

Total commitment to the business or to the family is a key factor in a business plan's success.

True (A)

Identifying customer needs is not an important aspect of a business plan.

<p>False (B)</p> Signup and view all the answers

Entrepreneurs who set unreasonable goals are more likely to achieve them.

<p>False (B)</p> Signup and view all the answers

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