2b Class Discussion

2b Class Discussion - his her product rather than investing...

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CLASS DISCUSSION QUESTIONS (Hisrich et al p223) Topic: The Business Plan: Creating and starting a New Venture. 1. Given the difficulties in accurately predicting the future; is a business plan useful? 2. What makes an excellent business plan? 3. Would the entrepreneur be better off spending more time selling
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Unformatted text preview: his / her product rather than investing so much time in writing a business plan? 4. If the business plan is to be used to raise capital, why should the entrepreneur want to advertise the major risks by detailing them in the plan?...
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