Question

Lienna grew up on a dairy farm and wants to open her own specialty cheese shop. she writes up a proposal that shows where she will open it, how she will run it, and the financial investment she will need. as part of this process, she is aware of and accepts the risks and rewards of opening a cheese shop. referring to the scenario above, what is the name for lienna's proposal?

Answer 1

This would be a business plan. Business plans are proposals that outline the basics of the new business, including where the business will be, how the business will be run, and the financial resources required.