If You Go Through the Exercise of Preparing a Business

question 228

True/False

If you go through the exercise of preparing a business plan,only to determine that you need twice the amount of money to start the business than you have,the SBA and other expert organizations encourage you to go ahead with your plans because if you understand the market,you can use the revenues you accrue to make-up the short-fall.
A major cause of small business failure is lacking the necessary capital to start the business.Creating a business plan is a good exercise for determining capital needs.

---

Definitions:

Excessively Competitive

Displaying an extreme or intense desire to win or outperform others beyond what is considered normal or healthy.

Angered Easily

A characteristic describing individuals who have a low threshold for anger, often reacting with frustration or hostility to situations that others might find tolerable.

Type A Behavior Pattern

A behavior pattern marked by a sense of time urgency, impatience, excessive competitiveness, hostility, and anger; considered a risk factor in coronary heart disease.

Coronary Heart Disease

A disease characterized by the narrowing of the coronary arteries, leading to a decreased supply of blood and oxygen to the heart.