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 indeed includes a detailed description of the start-up costs and operating expenses associated with launching and running a new business. It outlines financial projections, funding requirements, and a strategy for growth, making it a crucial document for entrepreneurs.