9.1.2 Investors Reviewing a Business Plan

For this activity:

You will need to write down your answers in your Mahara e-portfolio.

In this theme you have learnt that a business plan is a written document that outlines the future activity for an existing or proposed business venture.

Task: Discuss how you think investors typically react if they think a business plan is based on estimates and predictions rather than on careful analysis and facts.

Think of what an investor might be looking for in a business plan. What do you think that their opinion of the entrepreneur might be if there are only estimates? Do you think there may be a time when estimates are appropriate?

Write a short report expressing your opinion and justifying why you think that way.

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