Question

Tressie’s niece wants to open a boutique household goods store. Tressie has read her business plan and is quite impressed. She is considering acting as an angel investor and giving her niece the $10,000 she needs to secure the retail space and some of the inventory for her store. What kind of budget should Tressie ask to see before making her final decision?

A: cash budget
B: start-up budget
C: operating budget
D: sales forecast budget

Answer 1

B: start-up budget