Assignment task: 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? exemplification. Critical thinking must be used and start to write as a person in a position of "know" and give examples to illustrate clear understanding. Once you do your post reply to at least 2 other peers by being relevant, like having a conversation in the classroom, or in a real entrepreneurial forum.