Question

. In which section of the business plan
would you expect to find details about the
capital needed to start-up the business?
(A) The business idea
(B) Business aims and objective
(C) Forecast revenue, cost and profit
(D) Sources of finance​

Answer 1

Answer:

d. Sources of finance.............

Answer 2

It will be in the section of Sources of Finance.

• The most crucial step in beginning a firm or new endeavour is to identify sources of business funding.
• The greatest attention and effort are required. The sources of corporate money are evaluated, classified, and employed in various circumstances depending on factors such as ownership, time, duration, and control.
• The capital required to launch the firm may be classified as the source of funding in a business plan.
• Thus, it reflects the money needed to start a firm, run its operations, and grow it in the future. It is the payment for necessary costs associated with starting a new firm.
• This also includes hiring new employees, paying for office space, permits, licencing, inventory, market research, producing products, marketing, and any other operational costs.

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