You and a friend want to open new pet grooming and pet services shop. Once established, you intend to open a second store in a larger town 20 miles away. If store number two is a success, you plan to start franchising your company.
-The most important estimate in your financial plan will be your _____.
A)sales forecast
B)first-year budget
C)cash flow projection
D)breakeven point

Question

Quizplus · Accepted Answer

Sales forecast is crucial as it helps estimate potential revenue, guiding all other financial planning aspects like budgeting, cash flow, and breakeven analysis.

You and a Friend Want to Open New Pet Grooming