ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the guideline in the reading, when creating your business plan, how many months of expenses do you need funding for?
A
One
B
Two
C
Six
D
Twelve
Explanation: 

Detailed explanation-1: -A budget is a spending plan based on income and expenses. In other words, it’s an estimate of how much money you’ll make and spend over a certain period of time, such as a month or year.

Detailed explanation-2: -Executive summary. The executive summary is a condensed version of your full business plan. Company description. Explain the different elements of your business. Market analysis. Organization and management. Service or product line. Marketing and sales. Contingency plan. 14-Sept-2020

Detailed explanation-3: -Executive Summary. Company Description. Products and Services. Market analysis: Strategy and Implementation: Organization and Management Team: Financial plan and projections: 24-Sept-2009

There is 1 question to complete.