Question: A good business plan will be purposefully vague, since specifics can restrict creativiths and flexibility. focus on the big picture and omit the small details

A good business plan will
be purposefully vague, since specifics can restrict creativiths and flexibility.
focus on the big picture and omit the small details of operating the business.
describe all aspects of the business, including product, the target market, the nature of the competition, any financial resources, and the owner's qualifications.
focus on the nature of the business and the target market, omitting personal information about the owner in order to avoid personality issues.
 A good business plan will be purposefully vague, since specifics can

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!