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Of the 9 elements suggested by the SBA to be contained in a business plan, how many are solely focused on financial factors?

Sagot :

anthougo

Two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.

What is a business plan?

A business plan is a strategy document that contains the following information about a business:

  • Mission statement
  • Firm's product or service
  • Company's leadership team
  • Company's leading employees
  • Company's location
  • Financial information
  • Growth plans.

According to the SBA, the business plan must contain the following nine elements:

  • Mission Statement
  • Date of business commencement
  • Names of founders and their functions
  • Number of employees and location of the business, including branches or subsidiaries
  • Description of plant or facilities
  • Products manufactured/services rendered
  • Banking relationships and information regarding current investors
  • Summary of company growth including financial or market highlights
  • Summary of management's future plans.

Thus, the two elements in a business plan that are solely focused on financial factors are the Funding Request and the Financial Projections sections.

Learn more about business planning at https://brainly.com/question/25453419

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