Business Plan: Projected Growth
CMAT 2023 · Innovation & Entrepreneurship · Easy · Innovation & Entrepreneurship
The business plan of a venture must show consistent, but manageable projected growth because:
- A.
Many entrepreneurs fail after expanding too rapidly
- B.
Investors want to see quick growth
- C.
Banks are interested in profits, not expenses
- D.
Bankers and investors prefer small companies
Answer
A
Explanation
Premature scaling or expanding too rapidly without proper operational capacity often leads to failure. Hence, growth projections must be manageable and sustainable.
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