The need for a business plan includes all except: *1 pointPlanning to launch a new businessExpanding your existing businessAdding a new product or product lineIncreasing your labour force
Question
The need for a business plan includes all except: *1 pointPlanning to launch a new businessExpanding your existing businessAdding a new product or product lineIncreasing your labour force
Solution
The need for a business plan includes all except: Increasing your labour force.
While increasing your labour force can be a part of your business plan if it aligns with your business goals, it is not a reason to create a business plan. A business plan is typically needed for launching a new business, expanding an existing business, or adding a new product or product line, as these all involve strategic planning, market research, and financial planning.
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