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pentagon [3]
4 years ago
7

What are some risks and how do you plan to reduce or eliminate them when having a business​

Business
1 answer:
lara [203]4 years ago
6 0

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

You might be interested in
4. Give some examples of “effects of Globalization in the Government”.
kupik [55]

Answer:

IT AFFECTS THE GOVERNMENT IN WAYS OF SUPPLIE ...... HOPE THIS HELPS

4 0
3 years ago
Assume you are a single person with no dependents who made $35,000.00 from your primary job and an additional $5,500.00 from a p
kirill [66]

Answer:

a) we will get a refund

b) $3,043.75

Explanation:

Given:

Income from primary job = $35,000.00

Income from part time job = $5,500

Total income = $35000 + $5500 = $40,500

Now, As per IRS, tax brackets for 2017 is as :

For income, 0 - $9325 = 10% of Taxable Income

For income, $9326 - $37950 = $932.50 + 15% of the amount over $9325

and, for income $37,950 - $91,900 = $5226.25 + 25% of amount over $37950

Standard Deduction is $6350 for single tax payer

Now,

The Net Income = Total income - Standard deduction

= $40,500 - $6,350

= $34,150

Total Tax due = $932.50 + ( $34150 - $9325 ) × 15%

= $932.50 + $3723.75

= $4,656.25

Thus, Withheld tax amount ( i.e $7700 ) is above the tax calculated

Hence, we will get a refund

b) Amount of refund = Withheld tax - Tax due as per IRS

= $7,700 - $4,656.25

= $3,043.75

5 0
4 years ago
If a dominant firm is charged with refusal to deal under antitrust​ law, it is being charged because A. the firm will not set it
sergey [27]

Answer:

C. it will sell its products only to people who agree to buy only from it and not from rival firms.

Explanation:

Generally, any business can choose its business partners. But, under certain circumstances, there are limits on this freedom for a firm with a big market power.

There is an attempting to define those limited situations when this kinds of firm may violate antitrust law:

- The first option is that it violate the antitrust law by refusing to do business with other firms, or do business but under certain requisites. The key here is how the refusal to deal helps the monopolist maintain its empire, or allows the monopolist make an strategy where its monopoly is use in another market to attempt to monopolize other market.

- They can also refuse to deal with customers or suppliers, what cause the effect of preventing them from dealing with a rival: "If you deal with my competitor, I refuse to deal with you."

- Also, regarding to a firm dealing with its competitors,  if the monopolist refuses to sell a product or service to a competitor and it makes it available to others, or if the monopolist has done business with the competitor and then stops, then the monopolist needs a legitimate business reason for its actions.

3 0
3 years ago
Retail websites can most advisedly grow their email list by Group of answer choices automatically putting all customers on the b
larisa [96]

Answer:

Allowing customers to sign up for the email list during the checkout procedure

Explanation:

Mobile Shopping

This is on a rapid increase and a common trend due to the popularity of smartphones and tablets, mobile shopping is the practice of purchasing goods or services using a mobile device. There is the act of shopping online using a computer, only with a smaller screen. Mobile shoppers can complete their transactions either on a retailer's mobile site or with the use of an app.

Email marketing has information about deals that might interest its customers. Customers usually do not like stress and one of the best way to sign up for emails is during checkout time for goods bought.

4 0
3 years ago
Total costs for Locke​ & Company at 140 comma 000 units are $ 289 comma 000​, while total fixed costs are $ 195 comma 000. T
Kobotan [32]

Answer: Total variable costs at a level of 260,000 units would be $1,74,460.

Explanation:

Total cost at 140,000 units = $249,000 and

Fixed cost = $195,000

Number of units = 140,000

∴ Total variable cost at 140,000 = Total cost - Total fixed cost

                                                      = 249000 - 195000

                                                       = $94000

Variable cost per unit = \frac{Total\ variable\ cost}{Number\ of\ units}

= \frac{94000}{140000}

= $0.671 per unit

Hence,

Total variable costs at a level of 260,000 units would be = Variable cost per unit × Number of units

= 0.671 × 260,000

= $1,74,460

5 0
3 years ago
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