The Importance of Key Person Profiles in a Business Plan


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question 1 of 3

Which term describes a document that lets entrepreneurs identify business goals and identify steps to meet goals?

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1. The business profile section of a business plan consists of which of the following components?

2. Which term or phrase describes the section of a business profile where it's most important to document that employees are invested, qualified and passionate about the business?

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About This Quiz & Worksheet

The worksheet and quiz help you evaluate your knowledge of key person profiles in business plans and why they are important. You will be quizzed over concepts like what a profile section contains and which companies are exempt from completing a business plan.

Quiz & Worksheet Goals

Using these materials, you can gauge your knowledge of:

  • When a business should use the business plan during future operations
  • A term that describes the section where it is critical to document that employees are qualified and invested
  • What a profile section consists of
  • Term about a document that allows business professionals to identify business goals
  • Size of a company that doesn't have to complete a business plan

Skills Practiced

  • Information recall - access the knowledge you have gained about the components of the profile section
  • Reading comprehension - ensure that you draw the most important information from the lesson on profiling key people in business plans
  • Knowledge application - use your knowledge to answer a question about when the right time is for a business to use the business plan during future operations

Additional Learning

The lesson named The Importance of Key Person Profiles in a Business Plan can help you learn more about these business topics. Some objectives you can cover include:

  • Explain what a business plan is and why it's needed
  • Analyze an example profile
  • Understand what business plans let businesses do