A business plan should generally project financial and operational aspects of the proposed business for the first
A)six months.
B)one year.
C)three to five years.
D)seven years.

Question

Quizplus · Accepted Answer

A business plan should generally project financial and operational aspects of the proposed business for three to five years. This timeframe allows for a more comprehensive analysis of the business's potential growth, profitability, and overall sustainability. It also satisfies most investors' and lenders' requirements for long-term planning and forecasting.

A Business Plan Should Generally Project Financial and Operational Aspects