State three (3) reasons why budgeting is an essential part of a business plan. Discuss how financial statement information, including
elate your discussion of the following issues to a business plan for a proposed Open MRI Clinic. (26 points) (A 1½ -page response is required.)
- State three (3) reasons why budgeting is an essential part of a business plan.
- Discuss how financial statement information, including ratio analysis, would assist an Open MRI Clinic in its business planning.
- Discuss the significance of breakeven analysis to business planning.
Answer preview for State three (3) reasons why budgeting is an essential part of a business plan. Discuss how financial statement information, including
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