5. business plans are, in many ways, a marketing tool to get investors and banks to support your business by…

5. business plans are, in many ways, a marketing tool to get investors and banks to support your business by convincing them it will succeed. true false

5. business plans are, in many ways, a marketing tool to get investors and banks to support your business by convincing them it will succeed. true false

Answer

Brief Explanations:

Business plans are used to present a business idea, strategy, and financial projections to potential investors and banks. By highlighting the business's potential for success, they aim to attract the necessary support. So, they function as a marketing - like tool in this context.

Answer:

True