Which Organization Would Be Most Likely to Help You Develop

question 16

Multiple Choice

Which organization would be most likely to help you develop a business plan?

• A) venture capitalists in your area
• B) Canada Business Network
• C) your local small business banker
• D) the angel investor network

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Definitions:

Intangible Assets

Non-physical assets that have value, such as patents, trademarks, and copyrights, known for their long-term benefits to a company.

Gain on Sale

The profit recognized when an asset is sold for more than its carrying amount.

Other Revenue

Income that a business earns from activities not related to its primary operations, such as investment income or rental income.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash in the short term, such as property, plant, and equipment.