Question: 1. Financial plan plays a vital role in a business plan to identify the financial needs of a new venture. State FIVE (5) objectives

1. Financial plan plays a vital role in a business plan to identify the financial needs of a new venture.

1. Financial plan plays a vital role in a business plan to identify the financial needs of a new venture. State FIVE (5) objectives of a financial plan. (10 Marks) 2. Mr. Jack is planning to open new branch for his restaurant. He believe it is crucial for him as an entrepreneur to choose the right location because a good location can result in higher sale, lower operating cost and higher profit. Explain FIVE (5) factors for him to consider in order to choose the right location (10 Marks)

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