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Entrepreneurship and Small Business Management




                    Notes                   (b)  Projected Income and Expenditure Statement
                                            (c)  Projected Break Even Point
                                            (d)  Projected Profit and Loss Statement
                                            (e)  Projected Balance Sheet

                                            (f)  Projected Cash Flows
                                            (g)  Projected Funds Flow
                                            (h)  Projected Ratios
                                   VIII Critical Risks: The investors are interested in knowing the tentative risks to evaluate the
                                       viability of the project and to measure the risks involved in the business. This can further
                                       give confidence to the investors as they can calculate the risks involved in the business
                                       from their perspectives as well.
                                   IX  Exit Strategy: The exit strategies would provide details about how the organization would
                                       be dissolved, what would be the share of each stakeholder in case of winding-up of the
                                       organization. It further helps in measuring the risks involved in investing.
                                   X   Appendix: The appendix can provide information about the Curriculum Vitae of the owners,
                                       Ownership Agreement, Certificate from Pollution Board, Memorandum of Understanding,
                                       Articles of Association and all the supporting agreements/documents that can help in
                                       marketing the project viability at large.




                                      Task       Do a research for collection of data for both environmental study and
                                                 feasibility analysis and develop a project report.


                                   Self Assessment

                                   Fill in the blanks:
                                   11.  The ……………………… acts as a guiding tool to the entrepreneur and is dynamic in
                                       nature.
                                   12.  …………… addition is the key word that an entrepreneur needs to keep in mind while
                                       generating new ideas even at the inception stage.
                                   13.  An entrepreneur is a highly …………… person who gets an innovative idea about a
                                       product or service that could be brought into the market.

                                   14.  The sources for gathering the information can be both ………………. sources and
                                       …………… sources.
                                   15.  A healthy economy offers greater opportunities for growth and development of the
                                       ………………















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