Question

Which of the following is not a component included in a standard business plan?
a. executive summary
b. employee summary
c. market analysis
d. financial analysis

Answer 1

A standard business plan will not include an employee summary.

All of the other options are always included in a business plan to assess the feasibility of the venture.

Answer 2

Answer: Which of the following is not a component included in a standard business plan?

• b. employee summary.

Explanation:

The standard business plan is usually not very extensive. It covers the needs of a specific business plan that can be presented to a bank, a potential investor, a seller, ally, partner or even an employee.

The standard business plan begins with a summary and includes sections or chapters that cover the company, the product or service it sells, the target market, the strategy and its implementation, milestones and goals, the management team and the financial forecast.