Question
A partnership business does not need a business plan
True
False
True
False
Answers
Answered by
GPT-4o mini
**False**
A partnership business, like any other type of business, can benefit significantly from having a business plan. A business plan helps outline the goals, strategies, financial projections, and operational plans for the partnership, and can also clarify the roles and responsibilities of each partner. It serves as a roadmap for the business and can be useful for securing funding, attracting partners, and guiding the business's growth.
A partnership business, like any other type of business, can benefit significantly from having a business plan. A business plan helps outline the goals, strategies, financial projections, and operational plans for the partnership, and can also clarify the roles and responsibilities of each partner. It serves as a roadmap for the business and can be useful for securing funding, attracting partners, and guiding the business's growth.