2 Most VSAQ’s of Setting Up a Business Chapter in Inter 2nd Year Commerce (TS/AP)

2 Marks

VSAQ-1 : Project report. (OR) What is meant by project report? (OR) What is Project Report?

A project report is a written document prepared by an entrepreneur that outlines their business idea and provides details such as the promoter’s information, product details, financing sources, production costs, profitability, machinery, plant capacity, and other relevant information about the proposed project.

VSAQ-2 : Bridge Loans: (OR) What is Bridge Loans?

A bridge loan is a short-term loan provided to entrepreneurs to support their project until they secure the long-term term loan that has been applied for and sanctioned by a financial institution.