Short answer: The statement that is not true about business plans is that they should never be revised. Explanation
- Business plans are living documents. They should be revisited and updated as market conditions, goals, and internal capabilities change. This helps ensure they remain realistic and actionable.
- Common true statements about business plans include: they outline goals and strategies, they include financial projections, they guide decision-making, they identify risks and assumptions, and they are tailored to their audience (investors, lenders, or internal management).
If you’d like, I can tailor this to a specific set of statements you’re evaluating and explain why each one is true or not.
