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3 years ago

How do you start a business ?

2 answers:

7 0

<span>10 Steps to Starting a Business. ...Step 1: Write a Business Plan. ...Step 2: Get Business Assistance and Training. ...Step 3: Choose a Business Location. ...Step 4: Finance Your Business. ...Step 5: Determine the Legal Structure of Your Business. ...Step 6: Register a Business Name ("Doing Business As")

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mamaluj [8]3 years ago

6 0

~ Step 1: Write a Business Plan.
Step 2: Get Business Assistance and Training.
Step 3: Choose a Business Location.
Step 4: Finance Your Business.
Step 5: Determine the Legal Structure of Your Business.
Step 6: Register a Business Name
Step 7: Register for State and Local taxes.
Step 8: Obtain business permits and licenses.
Step 9: Understand employer responbilities
Step 10: Find local assistance.

You might be interested in

Perfectly competitive firms will: increase output up to the point that the marginal revenue of an additional unit of output is e

zavuch27 [327]

Answer:

increase output up to the point that the marginal revenue of an additional unit of output is equal to the marginal cost.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Perfectly competitive firms always strive to maximize profits by increasing their level of output, such that P = MC.

In a nutshell, in the long run equilibrium P = MR = MC.

Where;

P is the profit.

MR is the marginal revenue.

MC is the marginal cost.

7 0

3 years ago

"ned sets up an arrangement where some of his property is managed by a trustee for the benefit of beneficiaries. ned reserves th

Irina18 [472]

I believe the answer is: An Revocable Living Trust

Revocable living trust refers to a form of planning that help you determine the person who would obtain your properties when you die. A revocable living trust would cover three phases of the maker's life: his lifetime, possible incapacitation, and what happens after his death.

8 0

4 years ago

Which statement best explains the decrease in manufacturing jobs over the next few years?

Anastaziya [24]

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

<h3>Manufacturing trend in developed countries </h3>

Large companies are outsourcing manufacturing services to other nations.
This is usually to save costs and to avoid certain regulatory oversight.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

Find out more on manufacturing jobs at brainly.com/question/25553251.

7 0

2 years ago

Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from

torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0

3 years ago

Read 2 more answers

A new study shows that onions improve cognitive and heart health. This causes the demand curve to shift to the right, so that co

Deffense [45]

The complete question with diagram is attached

Answer:

($3.00, 420 lbs) and ($2.10, 510 lbs)

Explanation:

A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.

A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.

In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.

So at every price level there will be an increase in quantity demanded by 20 lbs.

According to the diagram at price $3 quantity initially demanded was 400 lbs. With the demand shift it will now be 400 + 20 = 420 lbs.

At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs

5 0

3 years ago