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goji.go goji.go
wrote...
Posts: 5977
10 years ago
Dwayne is seeking financial assistance for his business and needs to include a statement of funding requirements in the business plan. The statement of funding requirement should include all of the following EXCEPT ________.
A) term of the loan
B) personal credit history
C) type of funding needed
D) amount of capital needed
E) an exit strategy
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2 Replies
Diesel

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bbb
wrote...
10 years ago
B) If one of the primary purposes of a business plan is to seek outside financing, another component of the financial section is a statement of funding requirements that indicates information such as the amount of capital needed, the type of funding, the loan's terms, and how the funds will be used. Since the statement of funding is based on the business, personal credit is not included in this section.
goji.go Author
wrote...
10 years ago
Thanks bbb
Diesel
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