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pentagon [3]
3 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]3 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.

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When a policy is surrendered for its cash value,?
ahrayia [7]
The cash surrender value<span> is the sum of money an insurance company pays to the policyholder or annuity holder in the event his </span>policy<span> is voluntarily terminated before</span>its<span> maturity or the insured event occurs.</span>
8 0
2 years ago
Mara is a management consultant for a soda manufacturer that wants to expand into health drinks such as green tea and after-work
kirill115 [55]

Answer:

B. "Carefully consider the entry choices over time before making a decision."

Explanation:

Since Mara company specializes in manufacturing sodas, venturing into health drinks is risky and therefore would need a lot of planning, thorough analysis of the target market . Looking into whether there's sufficient demand for it and forecasting future trends with regards to health drinks is also important . Mara should therefore, test venture into this by testing the market and considering entry choices over time before making a decision.

6 0
3 years ago
Which is the purpose of a budget?
vodomira [7]

weighing the information needed to make rational decisions

5 0
3 years ago
Read 2 more answers
Houston Fashions is considering a new product line that would require an investment of $ 140,000 in fixtures and displays and $
steposvetlana [31]

Answer:

4.88 years

other methods should be used because payback method does not account for the time value of money

Explanation:

6 0
3 years ago
Bird Brain Co. reported net income of $45,000 for the year ended December 31, 2018. January 1 balances in accounts receivable an
mart [117]

Answer:

$48,000

Explanation:

Computation for Brain's cash flows from operating activities

CASH FLOW FROM OPERATING ACTIVITIES

Net income$45,000

Add: Decrease in Account receivable $1,000

($23,000-$22,000)

Add: Increase in Account Payable $2,000

($26,000-$28,000)

Cash flows from operating activities $48,000

Therefore Brain's cash flows from operating activities would be: $48,000

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3 years ago
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