As a Businessperson Planning to Open a New Small Business

question 144

Multiple Choice

As a businessperson planning to open a new small business, you know that the business plan should not contain

• A) a discussion of the nature and mission of the new business.
• B) information about how much it will cost to open and operate the new business.
• C) any mention of the businessperson's goals; financial institutions just aren't interested in these.
• D) an explanation of why opening a business of this type makes good business sense.
• E) pages and pages of detailed facts and figures.

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Definitions:

Racial Minority

Groups of people who are distinguished from the majority population based on race or ethnicity.

United States

A country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

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Hawaiian Sovereignty is a political movement aimed at recognizing and restoring the independence of Hawaii, acknowledging its history as an independent kingdom before becoming a part of the United States.

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