Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Investors are more prepared to invest in a business when they believe that the business planning is realistic and profitable based on their forecast of

Investors are more prepared to invest in a business when they believe that the business planning is realistic and profitable based on their forecast of the business viability. When a business plan is prepared based on correct information, investors will have confidence in the market, product or service of the company. What are the importance of business plans to entrepreneurs and further identify and explain the elements of a business plan

Step by Step Solution

3.51 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

Business plans are vital tools for entrepreneurs for several reasons Roadmap for Success A wellcrafted business plan serves as a roadmap outlining the entrepreneurs vision for the business and detaili... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Decision Making and Performance Management

Authors: Ray Proctor

4th edition

273764489, 978-0273764489

More Books

Students also viewed these Business Writing questions

Question

sorry

Answered: 1 week ago

Question

Given the following hypotheses: H0: 20 H1: Answered: 1 week ago

Answered: 1 week ago