The key purpose of the business plan is to: Clarify goals and analyse the market for the entrepreneurial team Convince partners that the start-up is trustworthy and has potential Provide the basis for pitching and negotiating with investors and institutional support organisations Establish the business

Principles of Information Systems (MindTap Course List)
13th Edition
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter1: An Introduction To Information Systems
Section: Chapter Questions
Problem 15SAT
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Question 7
The key purpose of the business plan is to:
Clarify goals and analyse the market for the entrepreneurial team
Convince partners that the start-up is trustworthy and has potential
Provide the basis for pitching and negotiating with investors and institutional support
organisations
Establish the business
Transcribed Image Text:Question 7 The key purpose of the business plan is to: Clarify goals and analyse the market for the entrepreneurial team Convince partners that the start-up is trustworthy and has potential Provide the basis for pitching and negotiating with investors and institutional support organisations Establish the business
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