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ElenaW [278]
2 years ago
13

BRAINLIEST FOR THE BEST ANSWER!

Business
2 answers:
Anastaziya [24]2 years ago
5 0

Hello, your answer is below!

I happened to be a business consultant outside of answering on this site, so here is how I can answer this! Hope it helps!

In its most basic form, a business plan explains where you want your startup to go in a certain time frame and how you intend to get there. A business plan is just as vital for starting a company as blueprints are for building a house. Extensive research (online or in libraries) can assist you in answering concerns regarding price structure, sales, funding, and other difficulties that may arise throughout the planning phase. One fascinating thing you'll find is that when drafting a business plan, you'll come across critical challenges that you would not have considered otherwise.  One crucial piece of advice we have for all startup entrepreneurs is to "create your business plan" yourself rather than outsourcing it to professionals. The process of creating a business strategy is far more significant than the finished product. You may utilize tools like Business Plan Pro or create a structured business plan in the right style. Your bank manager, business advisory groups, alternative financing sources, and even friends and coworkers who will be operating the firm and using your plan on a regular basis may study your business plan. As a result, ensure that your strategy is comprehensive, transparent, and well-structured for everyone to grasp.

- ROR

STALIN [3.7K]2 years ago
4 0

Answer:

Yes, I think small businesses need a business plan to succeed in the future. Every individual who plans before doing something wisely as the saying goes "think before act". There are a lot of people out there who don’t plan their business and end up with huge losses. While for people who plan before starting their business are people who reap huge profits. This factor is because business is not an easy thing to do. Must be wise to manage what content in the business that needs to be emphasized such as selling various types of clothing or jewelry so that we can know the income we can get each month and whether what we plan is detrimental or beneficial to us. But, not necessarily the person who plans will continue to succeed without working hard because everyone has various challenges in life.

(I hope this can helps you E-)

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Turnbull Co. is considering a project that requires an initial investment of $270,000. The firm will raise the $270,000 in capit
svp [43]

Answer:

WACC = 11.45 %

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund

WACC = (Wd×Kd) + (We×Ke) + (Wp × Kp)

After-tax cost of debt = Before tax cost of debt× (1-tax rate)

Kd-After-tax cost of debt = 11.1%(1-0.4) =6.66%

Ke-Cost of equity = 14.7%

Kp= Cost of preferred stock = 12.2%

Wd-Weight of debt =100/270=0.370

We-Weight of equity = 140/270=0.518

Wp= weight of preferred stock = 30/270=0.111

WACC = (0.518× 14.7%) + (0.370 × 6.7%) + (0.111×12.2) =  11.447%

WACC = 11.45 %

6 0
3 years ago
On December 1, delivery equipment was purchased for $6,144. The delivery equipment has an estimated useful life of four years (4
Akimi4 [234]

Answer and Explanation:

The presentation is shown below;

Depreciation expense

Adjustment     $128  ($6,144 ÷ 48 months)

Accumulated depreciation

                                  Adjustment $128

The journal entry is

Depreciation expense $128

    To Accumulated depreciation $128

(Being depreciation expense is recorded)

Here the depreciation expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the asset

6 0
3 years ago
Which legislation gave the government the authority to set and limit shipping costs?
oksian1 [2.3K]
<em></em>Your answer is :<em>

B.
</em>
The Hepburn Act.
8 0
3 years ago
Read 2 more answers
Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, t
Lana71 [14]

Answer:

Overhead rate is $30.4

So option (c) is correct option

Explanation:

We have given total estimated overhead = $85120

Estimated direct labor hours = 2800

Actual manufacturing overhead for the year = $86870

Actual labor hour = 2700

We have to find overhead rate for the year

Overhead rate is equal to the ratio of estimated overhead to estimated labor hour

Therefore overhead rate =\frac{85120}{2800}=30.4$

So option (c) is correct

3 0
3 years ago
What roles do campaign managers, pollsters, media consultants, and volunteers play?
belka [17]
<span>Components of successful political campaign - 1) Right political environment and its analysis 2) Targeting the right segments 3) Right Campaign messages like development, overall strategy 4) Grassroots plan 5) Right Budget spending plan Political campaigns are organized putting together a dedicated team of volunteers, politicians and managers who will oversee and manage the campaign. The next step is to frame the entire campaign, including the pitches, messages etc. Then organize a campaign at a venue. A candidate must devise a campaign plan right in the beginning when he is planning to campaign and the time for campaign has come near. The candidate needs to make sure that the campaign runs for a good amount of time for the most number of people to know about it. Managers - Oversee the daily operations of the campaign pollsters - Generally from media who organizes opinion polls media consultants - Media consultants are consultants who work the political party to help them get maximum media coverage Volunteers - Volunteers are people who see potential and belief in the cause of the party and volunteer to work for them</span>
4 0
3 years ago
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