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Alexandra [31]
3 years ago
6

As a businessperson planning to open a new small business, you know that the business plan should not contain

Business
1 answer:
lana66690 [7]3 years ago
3 0

Answer:

Pages and pages of detailed facts and figures

Explanation:

Endless pages of detailed fact and figures are not necessary for a new small business a concise and financial information should suffice.

There are three primary parts to a business plan:

The first is the business concept, where you discuss the ibusiness you are in to, your business structure, your particular product or service, and how you plan to make your business a success.

The second is the marketplace section, in which you describe and analyze potential customers (target market): who and where they are, what makes them buy and so on. Your unique niche and selling point Here, you also describe the competition and how you'll position yourself to beat it.

The financial section contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. This part may require help from your accountant and a good spreadsheet software program.

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with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation
svetlana [45]

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

8 0
3 years ago
Refer to the following trial balance. ​ Debit Credit Cash $19,000 ​ Accounts Receivable 40,000 ​ Merchandise Inventory 62,000 ​
Kryger [21]

Answer:

The answer is B.

Explanation:

Gross profit is the difference between a company's net sales or total revenue and cost of sales or cost of goods sales.

Sales revenue is $433,000

Cost of Goods Sold is $240,000 ​

Remember that Gross profit is Sales revenue - cost of goods sold.

Sales revenue----------------------------$433,000

Minus: Cost of Goods Sold----------$240,000

Gross profit--------------------------------<u>$193,000</u>

5 0
3 years ago
list different types (models) of diffusion and provided examples/illustrations of each in the real world.
DedPeter [7]

The different types of diffusions are

Expansion Diffusion

Contagious Diffusion.

Hierarchical Diffusion.

Stimulus Diffusion.

Expansion diffusion is while innovations unfold to new places even as staying sturdy in their original places. For instance, Islam has unfold at some point of the sector, but stayed sturdy in the center East, wherein it became based.

Expansion diffusion happens when the spreading phenomenon has a supply and diffuses outwards into new areas, an instance being a spreading wildfire. Relocation diffusion takes place while the spreading phenomenon migrates into new areas, leaving at the back of its beginning or source of the sickness.

Expansion Diffusion is the spread of a concept through a population wherein the amount of these influences grows continuously large. There are 3 sub-styles of growth diffusion: Stimulus, Hierarchical, and Contagious.

Learn more about Expansion diffusion here: brainly.com/question/7215000

#SPJ4

6 0
2 years ago
Groundswell Industries, a U.S.-based large conglomerate, competes in the hospitality, education, telecommunications, entertainme
OLga [1]

Answer:C. Product-market diversification strategy

Explanation: Product-market diversification strategy is a business strategy where a company invests in different product lines like FOOD,MEDICALS, ENGINEERING,CEMENT etc and in different markets. This will make the Business organisation to be very versatile and able to over come certain harsh economic conditions. Many international and multinational companies have pursued this strategy to enhance their overall business growth and development.

3 0
3 years ago
~~~30 POINTS~~~
koban [17]
1. is credit card
2. is debit card
3. is card

hope this helped!!!
4 0
3 years ago
Read 2 more answers
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