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The Financial Plan Within a Business Plan Is of Interest

question 115

Essay

The financial plan within a business plan is of interest to potential lenders and investors. Explain the contents of this section and describe what potential lenders and investors look for.


Definitions:

Federal Poverty Line

A measure of income issued annually by the Department of Health and Human Services used to determine eligibility for certain federal programs and benefits.

Wage Gap

The disparity in earnings between different groups of workers, often defined by gender, race, or age.

Poverty

A situation where an individual or society does not possess the necessary financial means or basic necessities to maintain a basic living standard.

Social Policies

Guidelines, principles, legislation, and activities that affect the living conditions conducive to human welfare, such as those affecting healthcare, education, and housing.

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