A Business Plan Does NOT

question 31

Multiple Choice

A business plan does NOT

• A) Help determine the viability of the enterprise.
• B) Help secure financing.
• C) Provide a guide for planning and organizing.
• D) Assure the success of the business.
• E) Describe the venture in great detail.

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Definitions:

Cultivation Stage

A phase in various processes where growth, development, or improvement is focused on, often used in organizational, personal development, or agriculture contexts.

Secondary Network

An informal network within an organization or community that facilitates communication and interaction outside of official channels or structures.

Primary Network

The main or most important group of connections or relationships a person or organization relies on.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.