Question: A business plan: a. serves as the first operating plan for a new business b. may take many months to write c. describes in detail

A business plan:

a. serves as the first operating plan for a new business

b. may take many months to write

c. describes in detail the idea for the new business and how it will be carried out

d. is used to persuade lenders and investors to finance the venture

e. is accurately described by all of the above

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