NextQ136

Explain any six characteristics of a sole proprietor.

Business Plan: Venture & ProductionStudy Simplify SpecialPYQ3LQCase_Based
Question 135

Hemant, after completing his B-Tech from IIT Guwahati, decided to set up an enterprise to manufacture microchips as he had the required knowledge and expertise for the same. To determine the viability of the venture, he decided to prepare a business plan. He prepared an introductory profile and wrote the mission statement describing the size, scope, and nature of the enterprise. What else needs to be mentioned in the second component of the business plan? State any six.

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