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Business plan assumptions
2 October 2019
One of the key assumptions of a business plan is that the principals can run a business profitably. Don’t commit newer entrepreneur mistakes.
What Are the Financial Assumptions on a Business Plan?
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- You must then make financial assumptions based on this expertise — and communicate this clearly in your business plan.
- Accurate Business Description Plans typically begin with an executive summary, which highlights all key matters that point to a venture’s potential success.
- Of particular concern to lenders and investors are inventory and accounts receivable.
- All of the constituents of a business plan, from banks and vendors to stockholders, have the right to expect accurate information across all relevant business categories.
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