Answer:
True.
The depth and detail in a business plan can vary significantly depending on the size and scope of the proposed new venture. Smaller, less complex ventures may require less detailed business plans, while larger, more complex ventures typically require more in-depth and comprehensive business plans to address all aspects of the business, including market analysis, financial projections, operational strategies, and more. The level of detail should align with the complexity and potential risks and opportunities associated with the venture.
Step-by-step explanation: