Theme 2 - 1.4 Planning and Cashflow Flashcards
1
Q
What’s a cash flow forecast ?
A
A forecast that allows a business to look at its potential revenue flow and expenses.
2
Q
What is a business plan ?
A
A document that shows a businesses aims and objectives.
3
Q
Why do businesses create a business plan ?
A
- To persuade lenders that they will make enough profit to pay back the loan.
- To attract investors.
- To identify any problems.
