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QUESTION
p answering a few questions from my small business class What are the two types of business plan?In what situation(s) would you use each type of plan?...
- I need help answering a few questions from my small business class
- What are the two types of business plan? In what situation(s) would you use each type of plan?
- Why is the executive summary an important section of the business plan?
- How might an entrepreneur's perspective differ from an investor's in terms of the business plan?
- Describe the major sections to be included in a business plan.
- If the income statement of a financial plan shows that the business will be profitable, why is there a need for a statement of cash flows?
- What are some common mistakes that entrepreneurs make in writing a business plan.
- Investors are said to be more market-oriented than product-oriented. What does this mean?
- What is a business model, and why is it important?
