Preparation of a business plan

Assignment Help Business Management

Reference no: EM136184

Which of the subsequent is true about the preparation of a business plan? Why?

The plan must cover every standard element in great detail and be at least 100 pages long to prove to potential lenders and investors that the entrepreneur has studied the business and the market opportunity.

The format must follow a cookie-cutter approach to ensure uniformity as well as consistency with others and to promote ease of understanding.

The elements of the plan may be standard however the content should reflect the unique aspects of the business and the excitement of the entrepreneur.

Entrepreneur must avoid seeking the advice of professionals, such as accountants, business professors and attorneys.

Reference no: EM136184

Questions Cloud

Measuring performance and financial status of an enterprise : Interrelated components that are most directly related to measuring the performance and financial status of an enterprise

Evaluate the ending capital balances for each partner : Prepare the balanced scorecard for the Norwalk Pharmaceutical Division of Chadwick and determine the process used to formulate the strategy of the Norwalk Pharmaceutical Division and the Balanced Scorecard.

Kind of information the company needs to design a program : Why this program is significant. The kind of information the company needs to design the retention program. Where to get this information.

What is the preference of the median voter : Presume that each person prefers a pizza closer to his or her first choice to a pizza that is unlike the first choice. What is the preference of the median voter. Which pizza will be nominated if the majority rules

Preparation of a business plan : The plan must cover every standard element in great detail and be at least 100 pages long to prove to potential lenders and investors that the entrepreneur has studied the business and the market opportunity.

When an agent breaches a duty owed to the principal : When an agent breaches a duty owed to the principal, the agent- A) mayn't be discharged until contractual damages are paid. B) Mayn't be discharged until the contract has expired. C) May be discharged merely if the principal can show actual damage. D..

Balanced scorecard for the norwalk pharmaceutical division : Prepare the balanced scorecard for the Norwalk Pharmaceutical Division of Chadwick and determine the process used to formulate the strategy of the Norwalk Pharmaceutical Division and the Balanced Scorecard.

Purpose a partial income statement : Purpose a partial income statement beginning with Income before Income Tax Expense

What is crawford''s weighted average cost of capital : What is Crawford's weighted average cost of capital. If Crawford's stock price were to increase such that it sold at 1.5 times book value causing the cost of equity to fall to 15 percent what would the firms cost of capital be (assuming the cost of..

User Account

All Pages