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Question 19 (5 points)

A well-written business plan can improve your chances of getting funding and give you:

A. more free time.
B. fewer problems later.
C. improved logistics.
D. greater negotiating power.



Answer :

GinnyAnswer

Final answer:

A well-crafted business plan is essential for securing funding, enhancing negotiating power, and avoiding future issues.


Explanation:

A well-written business plan plays a crucial role in securing funding for a new venture. It not only increases the likelihood of obtaining financial support but also enhances negotiating power with potential investors. Additionally, a comprehensive business plan can help in avoiding problems in the future by providing a roadmap for the business.


Learn more about Importance of a well-written business plan for funding and negotiating here:

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