Question

Peter Watson is thinking about launching a small business consulting company. To get advice on how to​ proceed, he stopped by his local Small Business Administration​ (SBA) office. The SBA advisor told Peter that one of the first things he needs to do is to sit down and write a 25 to 35 page narrative that describes what his new business plans to accomplish and how it plans to accomplish it. The SBA advisor is telling Peter to write​ a(n) ________.

Answer 1

business plan

Step-by-step explanation:

• A business plan is a written overview of the future of your business, showing you what to do and how to do it.
• When you write a section explaining your business strategy on the back of the envelope, you have written a plan or at least somebody's gem.
• Business plans are inherently strategic.

so correct answer is business plan