Planning Goals for the New Entrepreneurial Businesses Assignment Eritrepreneurs plan to assure they achieve their business objectives. New entrepreneurs differentiate between the two different business types to assure that they establish the appropriate organization to enhance their organizational goals. To illustrate, consider the different planning objectives and strategies that exist between venture capital-backed firms and entrepreneurial business start-ups. Submit answers to the following questions by listing the number and your response. 1. Compare and contrast the planning goals between a venture capital-backed firms and entrepreneurial business start-up. 2. List at least three planning goals that entrepreneurs consider for a new small business. 3. What are the advantages of a well-thought-out business plan? 4. Who should develop the business plan? Why? 5. Why is a well-designed business plan important for the new business? Who does it help