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Business planning and pitching

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Question 1 of 4

Which three of the below do audiences expect to see in your business plan?

Your full professional history, even if not relevant to your business idea

Your sales and marketing plan

A 1000-word essay on why your business will be successful

An advert for your product / service

An executive summary

Financial analysis

What are you trying to convince potential investors of when you pitch them your business?

Your business will be sustainable

They will make their money back after the first year

You, and your business, are a good investment

You do not need their advice or guidance as you have thought about everything

There is a 50/50 chance your business will be profitable

Is the following statement true or false? For most entrepreneurs, the main purpose of a business plan is to secure funding.

FALSE

TRUE

Is the following statement true or false? A marketing plan can be created after you start your business.

FALSE

TRUE

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