QUESTION IMAGE
Question
business plan ______ investors who will provide needed capital.
○ attracts
○ supports
○ identifies
question 5 (1 point)
building a plan increases the chance of ______ in business.
○ succeeding
○ popularity
○ sustaining
question 6 (1 point)
a plan is like a ______ that serves as a guide on a journey.
○ instruction
○ description
○ road map
Brief Explanations
- A business plan showcases a business's viability, which draws in investors with capital.
- Creating a business plan outlines goals, strategies, and risk mitigation, which boosts the likelihood of business success.
- A road map is a common analogy for a business plan as it provides a clear, step-by-step guide for a journey, just as a plan guides a business's path.
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- Attracts
- Succeeding
- Road map