Question

Prana is starting a business selling hand-knit sweaters. She already has several stores interested in ordering. She has bought a journal to keep track of her financial data and to get ahead of the game, has entered the potential orders she discussed with the store owners. What key mistake is she at risk of making?

Question 10 options:



She doesn't yet know the dates.




The transactions haven't taken place yet.




The orders may be cancelled.




There may be discounts.

Answers

GPT-4o mini
The key mistake Prana is at risk of making is:

**The orders may be cancelled.**

Since the orders are not confirmed and are still in the discussion phase, there is a risk that the stores may decide not to proceed with the orders later on. This uncertainty could affect Prana's financial planning and projections, making it crucial for her to consider the potential for cancellations before relying on these orders for her financial strategy.

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