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
almond37 [142]
4 years ago
8

Why should all small business owners develop business plans even if they are not required to obtain financing?

Business
1 answer:
NISA [10]4 years ago
4 0

A business plan would help small business owners to know how to operate the business, achieve goals and what activities need to be conducted in case they missed anything out. It helps a business to plan out and conduct business operations.

You might be interested in
Lesson 7-1 single payment loans
kondaur [170]

Explanation:

The whole principal plus any debt shall be paid by a single payment lender on the same day the lender expires. Instead of multiple instalments, individual interest loans concurrently calculate the full rate.

When should a single payment loan be considered?

If your loan amount of money is high, if you choose a single payment, you will pay a lower interest.

You might, for example, save $12,000 and try to spend $10,000 on shopping like a holiday or a bell. You don't want to deplete your savings because you have a single credit for payment. This can save more money in the future you will pay $10,000 for the loan without dropping the bank account.

3 0
3 years ago
The proactive prevention technique, ________, occurs when the marketing or public relations department suggests that something r
dsp73

The proactive prevention technique enhancements occur when the marketing or public relations department suggests that something relatively small is a bigger deal.

The American Public Relations Association defines public relations as "a strategic communication process that builds mutually beneficial relationships between an organization and its public." Basically, a PR specialist manages the public image and reputation of the organization.

Public relations is a unique management function that helps establish and maintain the interrelationships of communication, understanding, acceptance, and cooperation between an organization and the general public.

Learn more about public relations here

brainly.com/question/20313749

#SPJ4

7 0
2 years ago
ILL MARK YOU AS BRAINLIEST
kipiarov [429]

Answer: b

Explanation: i just did it on my test and got B

4 0
3 years ago
Read 2 more answers
George owns a pizzeria in Queens, and he buys his cheese and dough and sauce from SYSCO. This firm provides its customers with t
alexandr1967 [171]

Answer:

Trade credit

Explanation:

Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.

It is the cheapest form of short term financing.

This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.

The transaction is recorded by using invoice.

Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.

There is no extra payment made by the buyer as interest on the amount agreed.

5 0
3 years ago
You have a loan outstanding. It requires making three annual payments at the end of the next three years of $3000 each. Your ban
Oksana_A [137]

Answer:

The final payment would be of amount $9000

Explanation:

The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000

5 0
4 years ago
Other questions:
  • Regulations could add to the cost of business because companies would have to spend money to meet regulatory guidelines.
    6·1 answer
  • A(n) bond is a long-term contract under which a borrower agrees to make payments of interest and principal, on specific dates, t
    9·2 answers
  • David Company has plans to produce 100,000 units of Product A and 200,000 units of Product B. The planned results of a month's o
    11·1 answer
  • Knowledge about how the world works that is used to produce goods and services is: Please choose the correct answer from the fol
    13·1 answer
  • The management of Nicto Company plans to have an inventory at the end of each month equal to 30% of the next month's sales. Budg
    8·1 answer
  • The majority of the public would consider it unethical to increase executive salaries significantly while minimum wage employees
    6·1 answer
  • MasterCard managers are motivated to increase (1) the number of individuals who have and use a MasterCard credit card, (2) the n
    7·1 answer
  • A borrower sued a foreclosure consultant for violating the mortgage foreclosure consultant law. the borrower may receive actual
    8·1 answer
  • The force that leads to zero economic profits for monopolistically competitive firms in the long run is:_________
    8·1 answer
  • Your manager ask you to get details on a computer crash <br> what windows application could you use
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!