Q2s - Although building a business plan does not guarantee...

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Although building a business plan does not guarantee an entrepreneur’s success, it does increase his or her chances of succeeding in business. This statement is true. In a partnership, the general partner(s) has (have) unlimited liability for the partnerships’ debts. Spelling and grammatical errors in a business plan don’t really matter; potential lenders and investors look past them to the content of the plan. This statement is false. Primary research is information that has already been complied and is available fore use, often at very reasonable costs or sometimes at no cost to the entrepreneur. This statement is true. A business plan should contain certain basic elements, but it should also be tailored to the individual company by emphasizing its particular personality and reflecting the entrepreneur’s excitement for the business opportunity. This statement is true. Which of the following is true about the preparation of a business plan?
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Q2s - Although building a business plan does not guarantee...

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