Question

What is the main benefit of writing a business proposal before starting a business?

Options

• Ensures free government office space.

• Provides a clear direction and plan.

• Increases product prices automatically.

• Reduces the need for any market research.

Answer 1

Provides a clear direction and plan.

Explanation:

A business proposal outlines goals, budget, market, and risks. This acts as a guide and helps direct business activities effectively.