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Why is a well-prepared business plan considered an essential tool for attracting investors?
  • a)
    It guarantees immediate profitability.
  • b)
    It presents a comprehensive analysis of the market.
  • c)
    It outlines the company's long-term sustainability.
  • d)
    It demonstrates the potential for making a profit.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Why is a well-prepared business plan considered an essential tool for ...
A well-prepared business plan is essential for attracting investors because it demonstrates the potential for making a profit. By presenting thorough financial projections, outlining growth strategies, and showcasing the viability of the business idea, the plan provides investors with the confidence that their investment can lead to positive returns.
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Why is a well-prepared business plan considered an essential tool for attracting investors?a)It guarantees immediate profitability.b)It presents a comprehensive analysis of the market.c)It outlines the company's long-term sustainability.d)It demonstrates the potential for making a profit.Correct answer is option 'D'. Can you explain this answer?
Question Description
Why is a well-prepared business plan considered an essential tool for attracting investors?a)It guarantees immediate profitability.b)It presents a comprehensive analysis of the market.c)It outlines the company's long-term sustainability.d)It demonstrates the potential for making a profit.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why is a well-prepared business plan considered an essential tool for attracting investors?a)It guarantees immediate profitability.b)It presents a comprehensive analysis of the market.c)It outlines the company's long-term sustainability.d)It demonstrates the potential for making a profit.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is a well-prepared business plan considered an essential tool for attracting investors?a)It guarantees immediate profitability.b)It presents a comprehensive analysis of the market.c)It outlines the company's long-term sustainability.d)It demonstrates the potential for making a profit.Correct answer is option 'D'. Can you explain this answer?.
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