In the build-up method, after you identify all your revenue sources, what is the next step?
A) Identify all your costs
B) Think about how much revenue you can generate in a year
C) Determine operating expenses by the most appropriate time frame
D) Break down revenue into a typical day
E) Write a two- to three- page description of financial statements

Question

Quizplus · Accepted Answer

Identifying all costs is the next logical step after identifying all revenue sources in the build-up method, as it allows for a comprehensive understanding of the financial aspects of the business, including both income and expenditures.

In the Build-Up Method, After You Identify All Your Revenue