An entrepreneur should include a three- to five-year financial projection so that the financial source can adequately evaluate the venture.

Question

Quizplus · Accepted Answer

Including a three- to five-year financial projection in a business plan allows investors or lenders to understand the entrepreneur's revenue forecasts, profitability, and financial strategy, enabling them to evaluate the venture's potential for success and financial viability over time.

An Entrepreneur Should Include a Three- to Five-Year Financial Projection