A business plan's financial forecasts should reflect the company's ability to repay loans.

Question

Quizplus · Accepted Answer

Financial forecasts are an important element of a business plan and should include information on the company's ability to repay any debts or loans. This is essential information for investors and lenders to evaluate the potential for profitability and financial stability of the company. Therefore, financial forecasts should definitely reflect the company's ability to repay loans.

A Business Plan's Financial Forecasts Should Reflect the Company's Ability