Question
State any three important aspects which is mandatory for an entrepreneur regarding the proper planning and disbursement of funds.

Answer

  1. The total amount of finance required for implementing the business plans (how much money is needed)?
  2. The forms and proportion of various securities to be used for collecting the desired amount, such as, where the money will come from.
  3. The policies of utilization and administration of capital. (how can the firm utilize these funds in the best possible manner)?

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