The Last Step in the Preparation of a Business Plan

question 11

Multiple Choice

The last step in the preparation of a business plan should be which of the following?

• A) Professional binding in leather
• B) Review and evaluation
• C) Inclusion of appendices
• D) Summary of the business plan into one page or less

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Definitions:

Operating Income

The profit realized from a company's everyday core business operations, excluding deductions of interest and taxes.

Cash Payback Period

The duration needed for an investment to generate cash flows sufficient to recover the initial cost of the investment.

Net Cash Inflow

Net cash inflow refers to the difference between the cash inflows and outflows within a given period, indicating the net change in cash and cash equivalents resulting from a company's activities.

Cash Payback Period

The time it takes for an investment to generate cash flow sufficient to recover its initial cost.