Rohit Shetty stated leader shoe business with his brother. Both were very excited about the new venture. With meticulous planning and a lot of hard work they were able to sell 700 pairs of shoes in the first year. But they did not earn any profit. Both were happy because they were not at loss and revenue generated was equal to the cost. Now they were moving towards earning profit in the second year.(a) Identify the component of financial plan discussed above. (b) By giving any four points state how this component is useful for the entrepreneur?