Which element is typically found in the financial plan section of a business plan?

The financial plan section of a business plan is crucial as it provides an in-depth look at the financial health and projections for the business. A budget overview is typically included in this section, detailing the expected income and expenses, as well as cash flow projections. This overview is essential for potential investors or lenders to understand how the business intends to manage its finances, allocate resources, and ultimately achieve profitability.

In contrast, employee responsibilities are usually addressed in the organizational or management structure sections of a business plan, where roles and expectations for the workforce are defined. Market positioning relates to how the business intends to present itself in the market relative to competitors, and this is covered under marketing strategy or market analysis sections. Lastly, company history gives background information about the business's origins, growth, and achievements, which primarily appears in the company description part of a business plan rather than in the financial aspects.

In summary, the presence of a budget overview in the financial plan emphasizes the importance of clear financial management and how it drives the overall business strategy.