4
QuizMultiple Choice

The Business Plan

Question 4 • TX-Money Matters A

Sam is planning to open a pool cleaning business from his home. Sam’s business will come with a set-up cost of $9,000 and an annual operational cost of $30,500. Sam anticipates an annual profit of $45,000 for the first year and expects profits to increase by 5.5% annually for the next 5 years. This is all information Sam should include in the _____ component of his business plan.a.organization planb.financial analysisc.executive summaryd.implementation plan

Answer
A
A
B
B
C
C
D
D
Previous
Next