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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
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