Assignment 4

Good afternoon attached to this document is assignment four for my class. There are a series of questions that need to be answered. If you have any questions about anything feel free to ask me and I will be able to guide you.

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Why Is It Important for Entrepreneurs to Develop Financial Plans for Their Companies?

Finalizing a financial plan is the final stage in drafting a business idea. The plan includes an estimate for the next few years. A balance sheet and a detailed report can be incorporated. Financial plans help to establish the viability of the firm. If resources are unavailable, you lack the skills, or the market is unreliable at a given time, the business plan will outline it.

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