Describe each of the five planning pitfalls entrepreneurs often encounter.
Answer to relevant QuestionsIdentify an indicator of each pitfall named in question 2. What would you do about each?Identify five of the ten guidelines to be used for preparing a business plan.1. In addition to financial questions, what other questions is the venture capitalist likely to ask Pedro?2. Would a business plan be of any value to Pedro? Why or why not?3. How would you recommend Pedro get ready for his ...Define the one-person-band syndrome.Define the term due diligence. How is it applied to the acquisition of an existing venture?
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