Legal and Finance

A business plan is not intended for?

Potential Investors

Your Competition

Your Bank

Any of the Above

Which of the following is not a true statement regarding risks?

Potential investors and lenders want to know the risks your business faces and how you plan to deal with them.

Lenders will appreciate the fact that you know the risks you face and have a plan for dealing with them.

Identifying the possible risks your business faces will alarmlenders and investors and cause them to withold funds.

Lenders know that every business faces risks

"_______" is when you own the business entirely by yourself and plan to be responsible for all debts and obligations.

Sole proprietorship

Partnership

Limited liability

Corporation

0

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