Select all that apply: What are reasons for writing a business plan? To hire employees to gain financial backing to work out the specifics
Share
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Select all that apply: What are reasons for writing a business plan? To hire employees to gain financial backing to work out the specifics
The correct answers are: “to gain financial backing” and “to work out the specifics.”
Explanation:
1. To gain financial backing: A business plan is essential for attracting investors or obtaining loans, as it outlines the business idea, market opportunity, and plan for financial success.
2. To work out the specifics: Creating a business plan helps clarify goals, strategies, and operational details, assisting the business owner in understanding and planning for the future.
Hiring employees is usually a result of having a solid business plan rather than a reason for writing one. If you have more questions or need further assistance, feel free to ask!