a. Why should an entrepreneur develop a business plan?

b. What are the major components of a business plan?

What are the five Cs of credit? How does a potential lender use them to evaluate a loan request?

Once you make your post with not only verbatim from the book, but with your own take and exemplification. I need you to use critical thinking and start to write as a person in a position of "know" and give examples to illustrate your understanding.