A Business Plan Should Be Comprehensive,easy to Read and Less

question 92

True/False

A business plan should be comprehensive,easy to read and less than 10 pages.

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Definitions:

Noncorporate Sector

The part of an economy that involves the production of goods and services by individuals and organizations which are not incorporated as companies.

Corporate Sector

The part of an economy that is run by private individuals and companies, rather than the government, typically functioning within a framework of capitalist or market-driven principles.

Payroll Tax

Levies applied to employers or employees, most often calculated as a portion of the wages that employers disburse to their personnel.

Regressive

A term often used in taxation to describe a situation where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower earners.