The Business Plan

Question 12 • FowU - Financial Math - B

The financial analysis component of a business plan is to describe _____.

Answer

how your business will be organized and what type of management or department structure your business will have

the ?big picture? behind your business, what your business has to offer the consumer, and why your business will be successful

the size of the market, how your business will fit into the market, and how your business will stand out from other businesses in the market

where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see

Explanation

The financial analysis explains the money side of the business plan: where startup and operating funds will come from, and when and how much profit the business expects to make. That matches choice D. The other choices describe organization, the business concept, or market analysis.

AI-written and checked against the verified answer.

More from this Course

Quiz

24 verified answers

Probability in the Business Setting

Break-Even Analysis

Business Income Statements