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3 years ago

What must an entrepreneur do after creating a business plan

2 answers:

8 0

Here is the answer to the given question above. What an entrepreneur must do after creating a business plan is to finance the business. What an entrepreneur assumes when starting a business is that clever market strategies may still fail to sell a product. Hope this is the answer that you are looking for.

Dennis_Churaev [7]3 years ago

7 0

After creating a business plan, an entrepreneur does finance the business.

Further Explanation:

Entrepreneur:

An entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit in the business. The successful entrepreneurs are those people who have the ability of leadership and risk management.

Business plan:

A business plan refers a plan in which the entrepreneur decides about when to start the business, the product that has been produced, short term goals, long term goals, estimated how much units produced, cost of production of units and other expenses that have been occurred after starting the business.

After making a business plan, he does finance the business. The entrepreneur starts financing the business. He looks after the sources of finance and how much finance should borrow and how much investment he can do own, and from what sources the entrepreneur should take finance whether from a private bank or any other sources. An entrepreneur decides on the basis of that the debt should not be more than equity as it creates more burden on the business to pay the debt immediately.

Learn more:

1. Learn more about business law

brainly.com/question/10485918

2. Learn more about starting a business

brainly.com/question/10857815

3. Learn more about profit margin

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Answer details:

Grade: Middle School

Subject: Business

Chapter: Entrepreneurship

Keywords: Must, an entrepreneur, do after, creating, business plan, business, Entrepreneurship, to finance the business, own business, short term goals, long term goals.

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