Answered

Get comprehensive solutions to your problems with IDNLearn.com. Ask any question and get a detailed, reliable answer from our community of experts.

Question 18 (5 points)
What is the primary purpose of a business plan?

A. To file for incorporation
B. To help you identify your goals and plan how you will achieve them
C. To explain your plans to your employees
D. To generate income tax deductions

Sagot :

GinnyAnsweridn

Final answer:

A business plan's primary purpose is to help identify goals and plan strategies for achieving them, securing financing, and attracting investors.


Explanation:

The primary purpose of a business plan is to help you identify your goals and plan how you will achieve them. By outlining your objectives, strategies, and financial projections, a well-crafted business plan serves as a roadmap for your enterprise's success. It also plays a crucial role in securing financing and attracting potential investors.


Learn more about Business plan purpose here:

https://brainly.com/question/12068803

Answer: B. To help you identify your goals and plan how you will achieve them

Explanation:

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.