Asked by Jordan Thornhill on Apr 27, 2024
Verified
Who develops a business plan?
Business Plan
A document that outlines a company's goals, strategies, market analysis, financial forecasts, and operational structure.
- Comprehend the significance and elements of a successful business plan.
- Comprehend the significance of internal readiness and team cohesion during the formulation of a business plan.
Verified Answer
SS
Steven StanleyMay 03, 2024
Final Answer :
The founders of a venture develop a business plan.They should not hire outsiders to do the plan.Writing the business plan allows the founders to develop their venture at a detailed level.No quality investor will spend time with a team that outsourced this critical exercise.
Learning Objectives
- Comprehend the significance and elements of a successful business plan.
- Comprehend the significance of internal readiness and team cohesion during the formulation of a business plan.
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