Question

XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?

Answer 1

Growth Highlights

Step-by-step explanation:

When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.

Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.

This shall ensure the investors about their returns in a more confident manner.

Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.