A business plan in its simplest form could be a paragraph written on a napkin describing a business strategy True
False

True

Explanation:

A business plan a guide that shows how business objectives will be met. It states the mission of the business, the resources, the target market, and the path to be followed to achieve the goals.

As the name suggests, a business plan is a 'plan.'  It is important to have a business plan in place. The plan can be written with many details and in the standard format or scribbled on paper. Other plans are only in soft copy, while others are yet to be written.

i guess you could put raise the economic balance