Question: Answer each question in only a couple sentences 1. Why should an entrepreneur develop a business plan? 2. How would you prepare to make a

Answer each question in only a couple sentences

1. Why should an entrepreneur develop a business plan?

2. How would you prepare to make a formal presentation of your business plan to a venture capital forum?

3. What is a competitive advantage?

4. A common criticism of mission statements is that entrepreneurs spend too much time crafting them and not enough time implementing them in the business. What is meant by this criticism?

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