Question

William is thinking about raising funding for his new business. To get advice on how to proceed, he stopped by his local Small Business Administration (SBA) office. The SBA adviser told William that one of the first things he needs to do is write a 25 to 35 page narrative that describes what his new business plans to accomplish and how it plans to accomplish it. The SBA adviser is telling William to write a(n) ___________.

Answer 1

Answer:

business plan

Explanation:

A business plan is a written overview of the future of your business, a document that shows you what to do and how to do it.

When you write down a section outlining your business strategy on the back of an envelope, you've written a plan or at least one's gem.

Business plans are strategic intrinsically.