Small business plans differ from large company plans in that:

A) small business plans normally do not discuss strategic planning at all.
B) small business plans usually don't include short-term forecasts.
C) small business plans don't generally discuss the decision to choose the business they are in over others.
D) Both a and b
E) All of the above

Strategic Planning

Strategic Planning refers to the process organizations use to define their strategy, direction, and make decisions on allocating resources to pursue this strategy, including capital and people.

Short-Term Forecasts

Financial predictions that cover a short time period, typically less than a year, used for budgeting, planning, and managing immediate cash flows.

Small Business Plans

Strategic documents outlining the business model, goals, financial forecasts, market analysis, and operational strategies for small companies.