Answer:
Step-by-step explanation:
Logical features and financial features are two different aspects of a business plan or investment proposal.
Logical features refer to the conceptual and operational aspects of a business plan, such as the products or services being offered, the target market, the business model, the value proposition, the competitive advantage, and the marketing strategy. Logical features are concerned with the overall feasibility and viability of the business idea, and they typically address questions such as:
- What problem does the business solve?
- Who are the target customers?
- What is the unique selling proposition?
- How will the business generate revenue?
- What are the growth prospects?
On the other hand, financial features refer to the quantitative and financial aspects of a business plan, such as the financial projections, the capital requirements, the revenue streams, the cash flow, and the return on investment. Financial features are concerned with the financial viability and profitability of the business idea, and they typically address questions such as:
- How much funding is needed?
- What are the revenue and expense projections?
- What are the profit margins?
- What is the break-even point?
- What is the return on investment?