Contents
The paper provides answer to the following questions - - 1. Explain how various financial statements are used in management’s development of the business plan. Be specific.
- 2. Explain how financial information can guide an entrepreneur in making important forecasts. Be specific.
- 3. Discuss reasons why an entrepreneur would use his/her own money (MOM) to finance a business. Then discuss reasons why an entrepreneur would use other people’s money (OPM).
- 4. How can the nature of a small business affect its sources of financing? Give examples to illustrate your points.
Description
NA
