What is the purpose of the appendices in a business plan?

A) to provide additional information that adds to the credibility of your business plan
B) to summarize your business plan and to remind investors of the key points of the plan
C) to provide a summary of the projected income that has not been adequately provided within the plan
D) to provide key definitions for industry terms used in the plan as it will be read by non-industry experts
E) to provide a clear and concise (abbreviated) form of the entire business plan

A
Explanation: A) Appendices provide additional information that adds to the credibility of the business plan. Summarizing key points and the projected income as well as definitions would not be found in the appendices.

Business

You might also like to view...

The measures of central tendency for a normal distribution are all ________

A) inverted B) random C) identical D) uncertain E) binary

Business

A key to calculating your taxes is deciding which Form 1050 to use: 1050EZ, 1050A, or 1050

Indicate whether this statement is true or false.

Business