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Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning3 Marks
Question
What does a sound financial plan include?
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Answer

A sound financial plan should include:
  1. Financial requirements.
  2. Sources of raising funds.
  3. Exact assessment of the revenue, cost, profits, cash flow dynamics, stock of inventory, loans, etc.

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