It Is Important That an Entrepreneur

question 63

Multiple Choice

It is important that an entrepreneur

• A)seek the assistance of outside professionals to prepare a business plan.
• B)develop an entrepreneurial team to organize the plan.
• C)prepare his or her own plan.
• D)develop a rough business plan and then seek outside professional assistance.

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Definitions:

Features

Attributes, characteristics, or aspects of a product or service that contribute to its appeal or functionality.

Visuals

Elements such as images, diagrams, or animations utilized to communicate ideas, concepts, or data more effectively than text alone.

Financial Projections

Estimates of future revenue, expenses, cash flow, and financial performance of a company or project.

Business Plan

A written document that describes in detail how a business, usually a new one, is going to achieve its goals.