A business plan is important for all of the following reasons EXCEPT: | Faculties

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Gopal Sharma • 28.64K Points
Instructor II

Q. A business plan is important for all of the following reasons EXCEPT:

(A) a business plan forces a firm's founders to systematically think through each aspect of their new venture.

(B) a business plan provides lenders and investors assurance that they will earn a decent return.

(C) a business plan provides an investor with something to react to.

(D) a business plan is a selling document that enables a company to present itself to potential suppliers and business partners.

Correct Answer - Option(B)

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