Asked by Rafaiel Ghazaryan on Jun 16, 2024
Verified
In a business plan outline, the ___ provides details of cash flow estimate for one to five years, break-even points, and phased investment capital.
A) staffing description
B) financial projection
C) capital need
D) milestones
E) operations description
Financial Projection
is an estimate of future financial outcomes for a project or company, often including income, expenses, and cash flow forecasts.
Cash Flow Estimate
An assessment of the expected amount of money coming into and going out of a business over a specific period, crucial for budgeting and financial planning.
Break-Even Points
The financial stage at which revenues equal costs, leading to neither profit nor loss.
- Understand the significance of a business plan and identify its essential elements.
- Recognize the importance of financial management and projections in a business plan.
Verified Answer
Learning Objectives
- Understand the significance of a business plan and identify its essential elements.
- Recognize the importance of financial management and projections in a business plan.
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