Connie's Corner Café
Having done the culinary classes at the local college, Connie has decided to explore the idea of opening her own business, "Connie's Corner Café". She has found the ideal location next to the college. However, it appears that Connie will have to get some outside investors or bankers involved for the financial backing to get this venture off the ground. When she talked to her local bank manager, Mr. Johnson, he immediately asked for Connie's business plan. Connie knew she was in trouble because she didn't even know what a business plan looked like.

-Which of the following would represent Mr.Johnson's interest in Connie's business plan?

Question

Connie's Corner Café
Having done the culinary classes at the local college, Connie has decided to explore the idea of opening her own business, "Connie's Corner Café". She has found the ideal location next to the college. However, it appears that Connie will have to get some outside investors or bankers involved for the financial backing to get this venture off the ground. When she talked to her local bank manager, Mr. Johnson, he immediately asked for Connie's business plan. Connie knew she was in trouble because she didn't even know what a business plan looked like.

-Which of the following would represent Mr.Johnson's interest in Connie's business plan?

Quizplus · Accepted Answer

Mr. Johnson is interested in Connie's business plan because he wants to know how she plans to make money and how she will repay the loan. The cash flow and cash cycle are important factors in determining the financial viability of a business.

Connie's Corner Café Having Done the Culinary Classes at the Local College, Connie