In the Business Plan,the Exit Strategy Explains How and When

question 40

True/False

In the business plan,the exit strategy explains how and when the owner will close her business.

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Definitions:

Surplus Funds

Additional money or assets available after all expenses have been accounted for, often used for investment or saving.

Scheduled To Be Paid

Refers to payments that are planned and outlined to be made on specific dates as per a payment agreement or schedule.

Invested

The process of distributing funds with the aim of earning returns or profits.

Payment Stream

A series of payments made over time, such as monthly mortgage or loan payments, or regular investment contributions.