Business Plan Evaluation Essay Example | Topics and Well Written Essays - 500 words

Business Plan Evaluation - Essay ExampleCash flow would alter the business to determine the amount of money needed to keep the business going.To strengthen the weakest link identified, methods of contain should be integrated in the business plan. For example, there should be a policy control that allocated expenditures should non go over beyond 5% of the budget. Income statement should also be included as well as the initial capital outlay so the business would know how much it would compensate forrader it consider itself profitable.These solutions argon chosen because they would strengthen the business plan and achieve the best possible outcome. They are critical for the success of the business and ensure that results would go as plan as stated in the business plan. For example, instituting control avoid costs to overshoot could make the business inefficient and less agonistic if neglected. Incorporating more financial statements such as project Income Statement would enable t he company to determine if its implementation is consistent to the business plan or if it is underperforming. Cash flow is critical for start-up businesses such wacky Loco Dance Club because it prevents the operation of the business to run out of cash which could make stop its