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In a business plan outline, ___ detail the amount of funds needed to run the business, amount available, and amount requested from new sources.
A) capital needs
B) milestones
C) performance needs
D) liability needs
E) capability needs
Capital Needs
The amount of funding a business or project requires in order to finance its operations, investments, and growth effectively.
Business Plan
A detailed document outlining the goals, strategies, financial forecasts, and operational structures of a business intended to guide its growth and success.
Funds
Financial resources that are allocated for a specific purpose, project, or investment.
- Know the various sources of financing for entrepreneurial ventures and their implications.
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Learning Objectives
- Know the various sources of financing for entrepreneurial ventures and their implications.
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