Professional Documents
Culture Documents
1. Given the uncertainty and dynamic nature of the business environment, is a plan necessary? Cite the
reasons for your answer.
2. Given the outline of a business plan, which parts do you think ought to be given priority (presented
with greater detail)? Which part do you think are not as important and can even be dispensed with?
Explain your answer.
3. Why is it important for start-up businesses to come up with monthly cash flow projections, especially
during the first year?