Asked by Sidney Mcphee on Feb 18, 2024
Verified
What is the traditional length of a business plan?
A) less than 5 pages
B) 5-10 pages
C) 20-40 pages
D) over 40 pages
A) less than 5 pages
B) 5-10 pages
C) 20-40 pages
D) over 40 pages
- Recognizing the need for a comprehensive and well-structured business plan.
- Familiarity with the different components and sections typically included in a business plan.
- Understanding the importance of a business plan in the context of a traditional business setting.
Verified Answer
SG
Shantelle Ganon
Feb 18, 2024
Final Answer :
C
Explanation :
A traditional business plan is usually around 20-40 pages long, including sections such as the executive summary, company overview, market analysis, marketing and sales strategies, financial projections, and appendix. However, the length can vary depending on the purpose and audience of the business plan. Shorter plans, such as a one-page business plan or a pitch deck, may be suitable for certain situations or audiences.
Learning Objectives
- Recognizing the need for a comprehensive and well-structured business plan.
- Familiarity with the different components and sections typically included in a business plan.
- Understanding the importance of a business plan in the context of a traditional business setting.
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