Explain Three Reasons Why a Start-Up Organization Would Have a Written

question 5

Essay

Explain three reasons why a start-up organization would have a written business plan.

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Definitions:

Sales Quota

A specific sales goal assigned to a salesperson or team for a certain period, used to measure performance.

Sales Goals

Objectives set by a company's sales department to reach a certain performance level within a specific timeframe.

Unconventional Rewards

Rewards that do not follow traditional forms of compensation or incentives, often aimed at promoting creativity, loyalty, and personal satisfaction.

Salespeople

Individuals who are responsible for selling products or services to customers, acting as a direct link between the company and its market.