question 6 (3 points)\nselect the components that are unique to a small business financial plan and not…

question 6 (3 points)\nselect the components that are unique to a small business financial plan and not typically included in a personal financial plan. (select all that apply.)\ncrafting a branding and marketing strategy to promote products or services.\nestablishing business credit and financing strategies for capital investments.\nsetting up college savings plans for childrens education.\ndeveloping a detailed business model and revenue projections.\npreparing balance sheets to report the companys financial position.\nquestion 7 (3 points)

question 6 (3 points)\nselect the components that are unique to a small business financial plan and not typically included in a personal financial plan. (select all that apply.)\ncrafting a branding and marketing strategy to promote products or services.\nestablishing business credit and financing strategies for capital investments.\nsetting up college savings plans for childrens education.\ndeveloping a detailed business model and revenue projections.\npreparing balance sheets to report the companys financial position.\nquestion 7 (3 points)

Answer

Brief Explanations:

Personal financial plans focus on individual or family - related finances like personal savings and debt. Small business financial plans are for business - related aspects. Branding and marketing strategies are business - specific for promoting products or services. Business credit and financing strategies are for business capital needs. Developing a business model and revenue projections is unique to business. Preparing balance sheets for a company's financial position is also a business - related activity. College savings plans for children's education are personal finance elements.

Answer:

Crafting a branding and marketing strategy to promote products or services. Establishing business credit and financing strategies for capital investments. Developing a detailed business model and revenue projections. Preparing balance sheets to report the company's financial position.