Question & Answer

Business plan definition (True/False)

A business plan is a document describing the start‑up costs and operating expenses of a new business. T. True. F. False.

1 Answer

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Quizzma TeamSeptember 15, 2025

T. True. A business plan typically includes details about start-up costs and operating expenses, as well as other important aspects like marketing strategies, organizational structure, and financial projections. It serves as a roadmap for the business and is essential for securing funding or guiding management decisions.