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What Are the Key Areas, for a Sound Financial Plan to Work? - Entrepreneurship

Answer in Brief

What are the key areas, for a sound financial plan to work? 

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Solution

Following are the key areas to work a sound financial plan:
(i) Financial requirements
(ii) Sources of raising funds
(iii) Exact assessment of the revenue, cost, profits, cash flow dynamics, stock of inventory loans, etc.

Concept: Business Plan - Financial Plan
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APPEARS IN

CBSE Class 12 Entrepreneurship Textbook
Chapter 2 Enterprise Planning
Long Answers (100 words) | Q 4 | Page 88
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