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Why is it important to conduct thorough financi... - SS1 Commerce Factors to be considered before setting up retail shop. Question

Why is it important to conduct thorough financial planning before setting up a retail shop?

A

To underestimate the initial investment costs

B

To ignore ongoing expenses and cash flow projections

C

To assess the financial viability and sustainability

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Correct Option: C

To assess the financial viability and sustainability

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