Entrepreneurship Chapter 3

Where in your business plan do you place loan-based funding or personal investment?

When it comes to financial statements or loans, who can provide the information?

A business plan can...

Bonus for 2000 points: The Chamber of Commerce provides info on local business plans.

Which of the following is an experience you can put into your business plan?

A cover letter is something that doesn't explain documents that come with it.

What is a business plan?

The purpose of a business plan is to explain the idea behind your business.

Which is a competitive advantage of your business?

An executive summary should...

Where does emphasizing your commitment to your business go under in your business plan?

The introduction of your business plan should have a vague, brief description of your business goals.

What is a mistake you can make in the business industry that you must avoid?

Which of the following describes the Small Business Development Centers?

Which of the following are needed in the main body of a business plan?

A pro forma financial statement is a financial statement on projected revenues and expenses.

What should be included when talking about who will own your business?

Which of the following are true about trade associations?

Entrepreneurs spend 25 to 50 hours on their business plan.