Alecia is writing a business plan for her Web design business. She is including
possible problems she may face in the business. What is her reason for including this
in the business plan?
Choose the answer.
shows research and preparation for obstacles
provides a focus and vision for the future
is a requirement for banks and lenders
shows job security and financially stable workplace
One of the advantages of preparing a business plan is that it helps identify potential weaknesses in the business. Recognizing the potential pitfall will make you prepare for them. Sharing the plan with experts presents an opportunity to get invaluable advice on how to tackle the challenges. A business plan assists in minimizing the effects of the obstacles should they occur.
