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by Laiba Sami
Tue Dec 02, 2025 6:47 pm
Forum: Ch 3 Enterprise, business growth and size
Topic: 02 Outline two reasons why a bank might want Kara to produce a business plan before agreeing to give a loan. [6]
Replies: 4
Views: 177

Re: 02 Outline two reasons why a bank might want Kara to produce a business plan before agreeing to give a loan. [6]

[KN] To check if Kara's business has the ability to pay back the loan from expected profits
App:The bank needs to assess the risk associated with lending money to Kara. By reviewing the business plan's projected profit and loss statements, the bank can determine if the expected future profits are ...

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