Reflect and Respond to the following questions:
a. Why should an entrepreneur develop a business plan?
b. What are the major components of a business plan?
What are the five Cs of credit? How does a potential lender use them to evaluate a loan request?
Once you make your post with not only verbatim from the book, but with your own take and exemplification. I need you to use critical thinking and start to write as a person in a position of “know” and give examples to illustrate your understanding.
Please make sure that you are NOT copy/pasting from the internet. I do not want to see links from a website in the posts. If you do this it will automatically give you a zero.
I need to read your voice, not anybody else’s.
Once you do your post reply to at least 2 other peers with a voice of your own, not only agreeing or disagreeing but by being relevant, as if you were having a conversation in the classroom, or in a real entrepreneurial forum.