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
ycow [4]
3 years ago
7

What's the first step in starting a business

Business
1 answer:
Pavlova-9 [17]3 years ago
6 0
The first step to creating any sort of business is to plan.

Answer : Write a business plan.

Doing so will allow you to know what will happen in what order, so it doesn't all come at you unexpectedly, and this typically makes starting a business much smoother.


Hope this helped! :)


You might be interested in
The pizza industry is perfectly competitive and has​ 1,000 firms.All firms are identical.In​ long-run equilibrium, each firm is​
const2013 [10]

Answer:

A) making zero economic profit

Explanation:

A perfectly competitive industry is where there are many firms producing homogenous goods and services. There are no barriers to entry or exit of firms. Prices are set by market forces. Buyers and sellers are price takers.

In the short run, if firms in a perfectly competitive market are earning economic profits, in the long run, new firms enter into the industry and economic profit falls to zero.

In the short run, if firms in a perfectly competitive market are earning economic loss, in the long run, firms leave the industry and economic profit goes up to zero.

I hope my answer helps you

3 0
3 years ago
Pro-Weave manufactures stadium blankets by passing the products through a weaving department and a sewing department. The follow
taurus [48]

Answer:

<em>a. raw materials purchases</em>

raw materials  505,000 debit

  account payable   505,000 credit

<em>b. direct materials usage</em>

Weaving WIP  304,000 debit

Sewing WIP      84,000 debit

      Raw Materials        388,000 credit

<em>c. indirect materials usage</em>

Factory overhead 164,000 debit

      Raw Materials        164,000 credit

<em>d. direct labor usage</em>

Weaving WIP  1,275,000 debit

Sewing WIP       485,000 debit

      Wages Payables         1,760,000 credit

<em>e . indirect labor usage</em>

Factory overhead  1,525,000 debit

      Wages Payables         1,525,000 credit

<em>f. other overhead costs</em>

Factory Overhead 186,000 debit

      Other Account Payable 186,000 credit

<em>g. overhead applied</em>

Weaving WIP  1,083,750 debit

Sewing WIP        751,750 debit

      factory Overhead         1,760,000 credit

<em>h. payment of total wages costs.</em>

Wages Payable    3,285,000 debit

           Cash                3,285,000 credit

Explanation:

the direct cost is assigned to each department while the indirect cost into factory overhead

g) overhead calculations:

Weaving  $1,275,000 labor x 85%   =   1,083,750

Sewing    $  485,000 labor x 155%  =<u>      751,750</u>

Total applied overehead:                       1,835,500

h) total wages cost:

Wages payable T-account

DEBIT              CREDIT

--------------------------------------

           d)         1,760,000

           e)    <u>     1,525,000</u>

       Balance 3,285,000

6 0
3 years ago
Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. Monthly overhead is $90,000. What is the
fenix001 [56]

Answer:

$2,900

Explanation:

If we use a cost function, it will be easy to understand. Cost function = (variable cost per unit × quantity) + fixed cost.

Here,

Direct cost per snowmobile = $2,000. It is the variable cost.

Overhead cost = $90,000. It is a fixed cost.

Total snowmobiles = 100 units

Total cost = ($2,000 × 100 snowmobiles) + $90,000

Total cost = $290,000

We know,

Average cost per snowmobile = Total cost ÷ total quantity

Average cost per snowmobile = $290,000 ÷ 100

Average cost per snowmobile = $2,900

7 0
3 years ago
Question 2 of 10
Fiesta28 [93]

Answer:

a is it i think

Explanation:

4 0
3 years ago
Read 2 more answers
Gold Sheen, a cosmetic company, introduced a new range of herbal cosmetics in a market largely dominated by non-herbal products.
GalinKa [24]

Answer:

C.Positioning strategy

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question Gold Sheen is using a Positioning Strategy. This strategy focuses on placing the company's attention on one or at most two aspects within a market and excelling in those aspects in order to gain a competitive advantage in the market by being the best in those areas. Which is what is happening in this situation since no other company is concerned with herbal cosmetics.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Other questions:
  • Way Corporation disposed of the following tangible personal property assets in the current year. Assume that the delivery truck
    11·1 answer
  • Why do you think companies felt that unions were "conspiracies that interfere with property rights"?
    8·1 answer
  • Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolor
    5·1 answer
  • Southern California Publishing Company is trying to decide whether to revise its popular textbook, Financial Psychoanalysis Made
    13·1 answer
  • Insurance is a financial service that allows a:________
    8·2 answers
  • An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o
    8·1 answer
  • Sweet Acacia Industries reported income taxes of $339,324,400 on its 2017 income statement and income taxes payable of $274,010,
    13·1 answer
  • Establishing general ledger accounts opening balances will always be zero true or false
    10·1 answer
  • Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro
    7·1 answer
  • The problem of bankruptcy is associated with misuse of credit in the ______________ component of financial planning.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!