The section of the business plan that is designed to initially captivate and energize a potential financial investor would be theMultiple Choiceexecutive summary.financial plan.dynamic introduction.profit plan.marketing plan.

The financial plan describes the projected financial performance and:Group of answer choicesidentifies capital requirements and sources of capitalhow the business will develop its products or serviceshow to comply with GAAPshows how the business will respond to market conditions

One part of a full business plan is the analysis of opportunity. Which of the following describes what you would find in this section of the plan?A.Key points about the proposed entrepreneurial venture, including a mission statement, goals and historyB.The financial plans including the projected income statements, cash flow analysis, balance sheets and cost controls for the last three yearsC.The broad external changes and trends taking place in the economic and global environmentsD.The demographics of the target market, evaluation of industry trends, and identification of competitorsSubmit

What does the entrepreneur need to discuss in detail in the Marketing Plan section of a business plan?a.Marketing expenditures.b.Recruitment and selection methods.c.Break-even analysis.d.Marketing strategy.

A business plan consists of many components I. Name the component of the statement that talks about the purpose of the business.

hich one of the five statements below about Business Plans is wrong/incorrect:Question 4AnswerA.Informs the market plan and marketing strategyB.After development, a business plan should not altered to meet any changes in the context or situation of each opportunity/venture.C.Forces the entrepreneur to think clearly about all aspects of the proposed business.D.Business planning facilitates the analysis of the venture's potential and selection of an appropriate competitive strategy.E.Helps entrepreneurs to communicate their creative idea(s) to others.