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3 marksBusiness Planning and Feasibility

CSEC Principles of Business · May/June 2012 · Paper 2 · Question 4(c)(ii)

Discuss the importance of each of the following elements of a business plan:

Financial projections

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Other parts of this question

  1. 4(a)(i)State THREE reasons for establishing a business.[3 marks]
  2. 4(a)(ii)Identify THREE sources of capital used in financing a business.[3 marks]
  3. 4(b)(i)Define the term 'collateral' and give TWO examples of collateral that may be used in a business transaction.[4 marks]
  4. 4(b)(ii)Outline TWO reasons why collateral is important to a borrower.[4 marks]
  5. 4(c)(i)Executive summary[3 marks]

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