State three (3) reasons why budgeting is an essential part of a business plan. Discuss how financial statement information, including

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.)

  1. State three (3) reasons why budgeting is an essential part of a business plan.
  2. Discuss how financial statement information, including ratio analysis, would assist an Open MRI Clinic in its business planning.
  3. 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

APA

459 Words