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Suppose a colleague of yours is gearing up to write a

Question: Suppose a colleague of yours is gearing up to write a business plan for a business she intends to start. She told you she plans to prepare the financial statements first to get that job out of the way before she tackles the rest of the plan. What is the flaw in your colleague's logic as described to you?

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Finance Basics: Suppose a colleague of yours is gearing up to write a

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