a. How does the “Theory of Weak Ties” help strengthen the Business Plan
b. Explain how a business plan can be used as a solicitation tool when discussing your new venture to potential investors.
c. Why is it important to describe the legal structure in the business plan?
d. How can an entrepreneur seeking funds to launch a business convince potential lenders and investors that a market for the product or service really does exist?
e. Assume you want to start a bar/night club. Why is a business plan necessary in developing that business venture?