1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
1 year ago
8

As soon as you start up your small business, you should get a(n) ________ to help you set up your records on sales, expenses, pa

yroll, taxes, and other financial matters.
Business
1 answer:
ipn [44]1 year ago
6 0

You should hire an accountant or bookkeeper as soon as your small business is up and running to assist you in keeping track of sales, costs, payroll, taxes, and other financial details.

The bookkeeper or accountant assists in keeping track of sales, costs, taxes, and other financial details. As soon as you establish a firm, you must engage someone to assist you with business organization and accurate accounting.

Researching rivals, evaluating the legal issues of your sector, taking into account your personal and business finances, being realistic about the risk involved, understanding time, and hiring aid are all recommended as effective initial steps in beginning a business, according to experts.

A business owner should have a certain set of abilities to reduce the risk of financial loss or failure. A successful entrepreneur has to be able to sell, communicate, concentrate, learn, and strategize well. Continuous learning is an essential entrepreneurial talent as well as a highly important life skill.

Learn more about accountant or bookkeeper visit:brainly.com/question/21296252

#SPJ4

You might be interested in
How should the environmental effects be dealt with when evaluating this project? The environmental effects should be ignored sin
TEA [102]
Look this up this is really hard to understand
4 0
3 years ago
1. What is a supply chain? How can managerial accountants help to improve the supply chain?
murzikaleks [220]

Answer: 1a. A supply chain is the summation of processes involved in ensuring that goods manufactured by a company gets to the final consumer.

Explanation:

1b. Managerial Accountants can improve the supply chain by looking out for hitches in the distribution cycle of goods and being proactive about handling them. Some measures to achieve these are;

1. Effective Logistics Network - All the resources used on logistics such as vehicles, Information technology devices/software, human resources, etc., should be regularly checked to be in good form at all times and equally, efficient.

2. Stock Control - Goods that may be required by costumers at any point in time should always be available.

3. Efficient Payment System - All resources used for payment including bank account information point of sale machines, should be regularly checked to be in good order.

4. Distribution Strategies - A clear cut map should be put in place by the management to facilitate an efficient and prompt delivery system. This can be done by strengthening all departments involved in distribution.

2. Sustainable Practices are those methods of production or initiatives, adopted by companies that seek to limit damage to the environment. An example, is recycling. These practices are geared at ensuring a safer world.

I would invest in a company that discloses their sustainable practices, first, because I believe they are transparent, and secondly because I believe that such companies aim at being enduring companies which are evolving and living up to the demands of a cleaner earth.

7 0
3 years ago
Match each of the following terms with their definition - Before-tax cost of debt - Cost of preferred stock - Cost of Common Sto
fomenos

Answer:

Before-tax cost of debt ⇒ A. The interest rate the firm must pay on new long-term borrowing.

This refers to the interest rate that a firm will pay on long term borrowing as compensation to the lenders for lending the company some funds.

Cost of preferred stock ⇒ C. rate of return investors require based on the preferred stock dividend.

The cost of the preferred stock is the rate of the preferred dividend that investors require they are paid every year if dividends can be paid and sometimes even when it cannot.

Cost of Common Stock ⇒ B. the rate of return on retained earnings, and adjusted for flotation costs .

Commons stock costs is the required return on the retained earnings of a company.

WACC ⇒  D. the average cost of raising new financing.

Weighted Average Cost of Capital (WACC) represents the total cost of raising capital for the company as it incorporates the costs of debt, preferred stock and common stock.

3 0
2 years ago
Imagine you own a food truck that sells gourmet vegan tacos. You rely on many suppliers, all of which also supply their goods to
ladessa [460]

Answer:

A

Explanation:

Because there are plenty of suppliers for some goods, the food truck owner is more powerful in this case than the suppliers. Here the power of suppliers is low

For the other goods with only a single supplier. the supplier has more powerful than the taco seller. here the power of supplier is high. If the supplier increases price, the taco seller would most likely have an inelastic demand and would be at the mercy of the supplier

thus, the  power of suppliers is relatively high for some items and relatively low for others.

8 0
2 years ago
. Qiang, an Asian employee, working at Rapid Fire Inc., is terminated on the grounds that he is homosexual. He wants to file a d
erica [24]

Answer:

he was discriminated solely based on his sexual orientation.

Explanation:

The Title VII of the Civil Rights Act of 1964 stated that all employers in united states are prohibited to discriminate their employees based on race, religion, gender, national origin, and sexual orientation.

You do not need to be married for your sexual orientation to be acknowledged by the The Title VII of the Civil Rights Act of 1964  . You just need to proof that any of the factors above are the reason why you're discriminated against.

In Qiang case, he could tried to find witness by talking to other employees or find a recorded email/messages that indicates his boss mistreatment toward him. If there are enough employees who came out as witnesses, he could build a strong enough case to gain support in the court.

5 0
3 years ago
Other questions:
  • Lako Systems studied the performance of 15 line workers who attended a training program and compared their performance with a co
    15·1 answer
  • Which of the following variances cannot occur together during the same accounting period? Multiple Choice Unfavorable labor rate
    15·1 answer
  • Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
    13·1 answer
  • Bonita Company assigns overhead based on machine hours. The Milling Department logs 2350 machine hours and Cutting Department sh
    11·1 answer
  • What best explains the relationship between a borrower’s credit score and a down payment requirement?
    15·2 answers
  • "Tom's Tool Factory is an investment center and is responsible for all of its net income and the use of its assets. This year, t
    13·1 answer
  • Why is it crucial that H.R managers be fully aware of their company's
    14·1 answer
  • HELP PLS!!!! What is the organization for social workers?
    9·1 answer
  • Acct. Optimistic Likely Activity Variance
    13·1 answer
  • Which person would benefit most from taking advantage of a low variable
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!