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user100 [1]
2 years ago
12

In the components of a business plan, what section contains a detailed description of the company, the problem/opportunity, prop

osed solution to be offered, and your competitive advantage?
Business
1 answer:
dimaraw [331]2 years ago
5 0

In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"

<h3>What is Financial Projections?</h3>

Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.

They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.

Financial predictions are an important tool for business planning for a variety of reasons.

  • Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
  • If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
  • Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.

To know more about the financial projections, here

brainly.com/question/21773027

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Answer:

a. Dr Cash 17,500

Cr Common Stock 17,500

b. Dr Supplies 2,300

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e. Dr Account payable 1,150

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f. Dr Dividend 1,800

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g. Dr Automobile expense 1,500

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Explanation:

Preparation of Journal entry

a. Dr Cash 17,500

Cr Common Stock 17,500

b. Dr Supplies 2,300

Cr Account payable 2,300

c. Dr Cash 13,300

Cr Sales commission 13,300

d. Dr Rent expense 3,000

Cr Cash 3,000

e. Dr Account payable 1,150

Cr Cash 1,150

f. Dr Dividend 1,800

Cr Cash 1, 800

g. Dr Automobile expense 1,500

Dr Miscellaneous expense 400

Cr Cash 1,900

(1,500+400)

h. Dr Salaries expense 2,800

Cr Cash 2,800

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Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another th
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The correct answer is letter "A": promotes better teamwork.

Explanation:

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<em>Teamwork is highly promoted by incentivizing groups compared to motivating individuals separately.</em>

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