In Writing the Business Plan, an Entrepreneur Should Remember That

question 36

Multiple Choice

In writing the business plan, an entrepreneur should remember that

• A) interested investors will commit the time necessary to fully understand the proposed venture.
• B) certain features will be appealing to investors, while others are distinctly unappealing.
• C) investors are too busy to read through the business plans that come across their desk.
• D) the quality of this plan has little bearing on the potential for success in the startup.

Recognize the legal protections against disturbances in the enjoyment of property.

Explain the conditions under which property ownership can be legally altered or terminated.

Understand the concept and implications of easements, profits, and licenses on property rights.

Differentiate between various tenancy agreements and their legal standings.

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Definitions:

Generalized Other

A conception of the attitudes and expectations held in common by the members of the organized groups with whom one interacts.

Acting Reflexively

Responding or reacting automatically to stimuli without conscious thought.

Peripheral Membership

A form of association where individuals are marginally involved or partially included in a group or organization.

Core Membership

Describes individuals who are considered to be at the essential or central part of a group, organization, or community.