Leo is starting a company that leases shared workspaces, and he has approached SCORE, an SBA organization that assists small-business owners in setting up their companies. The SCORE counselors would probably advise Leo, as a new business owner, toMultiple Choice1. learn from experience, the best teacher, rather than a mentor. 2. avoid developing a business plan the first year of business. 3. get a new perspective by asking people who have failed. 4. try new things regardless of the risk. Write a business plan.

Question

Ryleigh Harmon

Business

31 December, 22:17

Leo is starting a company that leases shared workspaces, and he has approached SCORE, an SBA organization that assists small-business owners in setting up their companies. The SCORE counselors would probably advise Leo, as a new business owner, toMultiple Choice1. learn from experience, the best teacher, rather than a mentor. 2. avoid developing a business plan the first year of business. 3. get a new perspective by asking people who have failed. 4. try new things regardless of the risk. Write a business plan.

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Answers (1)

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Leon Sloan · Answer 1

5) Write a business plan.

Explanation:

A business plan usually includes:

a short description of the nature of your business (either existing or proposed), projected revenues and total sales in units, basic marketing strategy, estimated costs (both production, and sales and administrative), financial background of the existing company or the financial background of the entrepreneur, short term and long term business goals.