Describe the major sections to be included in a business plan?
Answer to relevant QuestionsWhat are some common mistakes that entrepreneurs make in writing a business plan.1. What problems might have contributed to the firm’s poor performance?2. Although several problems were encountered in implementing the business plan, the primary reason for low profits turned out to be embezzlement. ...Briefly describe each of the components of a formal marketing plan.Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise? Explain.1. Would you accept the investment and the conditions that go along with it, or refuse it and go a different direction?2. Can one outside member on a board of three make any real difference in the way the board operates?3. ...
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