Ideally,investors Like a Business Plan That Shows Evidence of

question 72

Multiple Choice

Ideally,investors like a business plan that shows evidence of

• A)a management staff that will minimize overhead.
• B)a well-balanced managerial team.
• C)an entrepreneur who has studied management.
• D)an entrepreneur who will spend more time managing than selling.

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Definitions:

Piano Tuning

The process of adjusting the tension of the strings in a piano to achieve the desired musical pitch or harmony.

Shoe Polishing

The process of cleaning, conditioning, and applying polish to shoes to enhance their appearance and longevity.

Profit Margin

A financial metric that measures the degree to which a company or a business activity makes money, expressed as a percentage of revenue.

Sales

The transactions involving the exchange of goods or services for money, representing a critical source of revenue for businesses.