3 years ago

Why is it important to write a business plan?

2 answers:

7 0

A business plan is a very important strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to focus on the specific steps necessary for their to make business ideas succeed, but it also helps them to achieve both their short-term and long-term objectives.

sdas [7]3 years ago

4 0

to keep all things sorted :)

You might be interested in

Dan plans to reduce his work schedule and work only half-time for WJJJ in 2021. He has been writing songs for several years and

Klio2033 [76]

This answer was deleted by a Brainly Staff Member for violating our Terms of Service.

6 0

2 years ago

Tara invests $2,500 today and another $1,500 a year from now. Her investments starting year 2 keeps increasing by $100 every yea

Neko [114]

Answer:

$61,175

Explanation:

Base on the scenario been described in the question, we expected to solve for the future worth

The table of the cash flow is shows in the picture

We can find that by calculating the Future worth

Future Worth = {2,500 + 1,500(P/A 7%,10) 100 + (P/G 7%,10) } [F/P 7%, 20]

Future worth = { 2,500 + 1500(7.024) + 100(27.716)}

Future worth = $61,175

6 0

3 years ago

Sarah is a financial planner and wants to sell fixed-income investments. Which license does she need to procure?

dimaraw [331]

The answer is series 7 which is for investment agents who want to sell fixed-income investment products such as bonds, stocks, and packaged products.

4 0

3 years ago

Read 2 more answers

Sue spent much of her time checking inventories, processing straight rebuys, setting up displays and making sure everything is g

elena-14-01-66 [18.8K]

Answer:

(D) order taker.

Explanation:

An order taker is a salesperson who collects orders checks inventories, processes straight rebuys, sets up displays but does not make any effort to invite new customers or persuade the existing ones to increase their quantities of purchase.

7 0

3 years ago

An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, and a discount rate of 15 percent. a. What

Naddika [18.5K]

Answer:

It will take 1 year and 307 days to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $6,900

Cash flows:

Cf1= $4,200

Cf2= $5,100

Cf3= $6,300

Cf4= $5,500

Discount rate= 15%

The payback period is the time required to cover the initial investment. We need to discount each cash flow.

Year 1= 4,200/1.15 - 6,900= -3,247.83

Year 2= 5,100/1.15^2 - 3,247.83= 608.50

To be more accurate:

(3,247.83 / 3,856.33)*365= 307 days

It will take 1 year and 307 days to cover the initial investment.

6 0

3 years ago