A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.
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What is a business plan?</h3>
A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.
An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.
A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.
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Answer:
The most accurate answer is *They fear that if they give a positive reference for someone who doesn't work out in a new job, they may be sued by that person's new employer.
Explanation:
Giving a reference of an employees character, professional and ethical behavior, productivity and integrity is a great responsibility and not just a mere simple act.
this is mainly because the references are a main way to assess the suitability of hiring an employee and if we give an incorrect reference, the other firm might rely on it and hire an ineffective employee.
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
The answer & explanation for this question is given in the attachment below.
