Business plan preparation takes a lot of time, research and commitment. For this reason: a. business plans are only needed when entrepreneurs are seeking funding and financial support. b. if you have a small business working from home, there is no need for a business plan. c. no matter the size of your venture, all new businesses should create a business plan. d. only high-growth ventures need to create a business plan.

Business plan preparation takes a lot of time, research and commitment. For this reason: a. business plans are only needed when entrepreneurs are seeking funding and financial support. b. if you have a small business working from home, there is no need for a business plan. c. no matter the size of your venture, all new businesses should create a business plan. d. only high-growth ventures need to create a business plan.

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter4: Choosing A Form Of Business Ownership

Section: Chapter Questions

Problem 6DQ

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