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
maksim [4K]
3 years ago
14

Jean is contemplating opening her new small business called Jean’s Gems. She realizes that the first step in beginning her new b

usiness is writing a business plan. Since she has never started her own business before, she has many questions. She has attempted to follow an outline she found in an old newspaper article. Her first rough draft contained over 75 pages and now she is discouraged with the process. In fact, she is not even sure if she needs to continue. As in the case of many small business entrepreneurs, funds are limited.
a. If you were Jean, what would you do?
Business
1 answer:
ivann1987 [24]3 years ago
3 0

Answer:

Having a good business idea and market research would make it crystal clear whether or not the project is viable or not. The first thing is that Jean must consider is that he must analze whether the project is financially viable or not. Once we are sure that the return is above the market average thereafter then Jean must consider writing the business proposal.

In business proposal Jean must present his innovation, market research, customer segments, entrepreneur ecosystem in which the business would operate. The marketing strategy, sales forecasting on well researched market research which provides solid grounds for forecasting, future targets, etc. So these all things must be considered while writing. I have prepared a business proposal and worked as a market researcher for that business proposal, traveled 300km for gathering market research. Paper work is nothing in startup. Everything is your market research, understanding your customers, competitors and costs that are associated with the products that we are going to offer.

I will also like to tell that commitment brings money. If you are committed to do a particular thing then be committed but you must analyze the situation first (market research, investment appraisal). Funds are limitless to committed poeples. US startup loans, accelerators programs, etc. There are millions of sources of finance options. We are not in 19 hundred, we are in a modern world and we can arrange money for an attractive investment.

You might be interested in
Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr
solmaris [256]
<span>((Current value - original value) / original value) x 100 = rate of return
</span><span>(( 1.65402- 1.62) / 0.157) x 100 = Original Value
</span>Original Value = $ 21.66
<span>

</span>
7 0
3 years ago
In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company suc
kap26 [50]

Answer:

False

Explanation:

Ethical standards are are set of guiding principles that an organisation communicates to its employees as the expected way to do things.

In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.

For example an employee living abroad does not spend his whole housing allowance on getting a place to stay as expected in the United States, but puts it to use on other endeavours.

8 0
3 years ago
A firm has $1.5 million in sales, a Lerner index of 0.57, and a marginal cost of $50, and competes against 800 other firms in it
MrRissso [65]

Answer:

$116.28

Explanation:

This can be calculated as follows:

Mark up = [1 ÷ (1 - Lerner index)]

Price = Mark-up × Marginal cost

        = [1 ÷ (1 - 0.57)] × $50

Price = [1 ÷ 0.43] × $50 = $116.28  

Therefore, the price this firm will charge its customers is $116.28.

7 0
3 years ago
Which scenarios provided would cause a change in demand for grape jelly
Veronika [31]
Could you comment the scenarios under this.
3 0
3 years ago
(true or false?) the discount rate can best be described as an opportunity cost.
Lena [83]
The answer is "true" hopefully this helped
6 0
3 years ago
Other questions:
  • On December 31, 2016 before adjusting entries, Accounts Receivable for Nickolas Company had a debit balance of $200,000, and the
    6·1 answer
  • A production facility is trying to determine the best batch size for an item that is produced intermittently. This item has an a
    15·1 answer
  • Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will( increase
    11·2 answers
  • Witch most likely indicates a chemical change of occurred
    15·1 answer
  • In 1914, the United States prohibited the importation of Mexican avocados even though Mexico is the world’s largest producer of
    9·1 answer
  • Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell devote
    5·1 answer
  • Within the music industry, four companies (UMG, Sony-BMG, EMI, and Warner) control 90 percent of the music you hear. The music i
    13·1 answer
  • During Year 3, Rex Co. introduced a new product carrying a 2-year assurance-type warranty against defects. The estimated warrant
    9·1 answer
  • Which of the promotion methods is the most precise?
    8·1 answer
  • China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world do you see c
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!