Question

Which of the following are reasons to write a business plan?

(Select four answers.)
To impress your friends
To identify problems in advance
To get funding
To fire employees
To hide problems from investors
To convince your competitors to leave the market
To attract employees and management
To keep the company focused on specific goals

Answer 1

I believe the answer is :

- TO IDENTIFY PROBLEMS IN ADVANCE ( 2nd choice)

- TO GET FUNDING ( 3rd choice)

- TO ATTRACT EMPLOYEES AND MANAGEMENT ( 7th choice)

- TO KEEP THE COMPANY FOCUSED ON SPECIFIC GOALS ( 8th choice )

Answer 2

The answer is 1) to identify problems in advance 2)to get funding 3) to attract employees and management 4) to keep the company focused on specific goals