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In what way can an existing business benefit from writing a business plan?
Acquire funding for a new idea
In which section of the business plan will Elena put extra supporting information?
Appendices
Which of the following discusses how a company is intended to work in the future:
Business plan
Which of the following parts of a business plan includes the history of the business:
Company description
In what way can a start-up business benefit from writing a business plan?
Define managers' roles
Where in a business plan can you find cost estimates and the effect of each cost on the company?
Financial plan
In which section of his business plan will Paulo discuss each key manager's skills?
Management plan
In which section of the business plan would you find an examination of competitors' activities?
Market analysis
In which section of the business plan would you find evidence of customer interest in a new product?
Market analysis
Germaine will discuss his company's seven services in which part of the business plan?
Product(s) offered
Where in a business plan can you find out how the business intends to handle public relations?
Strategy and implementation
What part of a business plan lists all of the document's sections with their page numbers?
Table of contents
Before Lynnette takes her new product to a mass audience, she should write a business plan to
assess a new product or promotion.
The part of the business plan that gives an overview of the entire document is the
executive summary.
The part of the business plan that discusses where funding for specific projects will come from is called the
financial plan.
Since Justin needs to examine the methods used to reach his company's goals, he wants to write a business plan to
implement a strategic plan.
Fred wants his company to become the main supplier for a prominent local business. He should write a business plan to
obtain a specific contract or agreement.
While preparing to sell their consignment shop, Erin and Evan should write a business plan to
place a value on the business.
Since Alana's company will build a new facility next year, she should write a business plan to
prepare for an expansion.
Since Brianna wants to sell a bank or investor on her company's capabilities, she is motivated by the number one reason for writing a business plan, which is
the need for funding.