In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"
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What is Financial Projections?</h3>
Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.
They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.
Financial predictions are an important tool for business planning for a variety of reasons.
- Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
- If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
- Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.
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Answer:
d. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.
Explanation:
Answer:
intrapreneurs
Explanation:
An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company.
An intrapreneur works inside a company to develop an innovative idea or project that will enhance the company's future.
The intrapreneur is generally given autonomy to work on a project that may have a considerable impact on the company. Over time, an intrapreneur may turn into an entrepreneur.
Answer:
Salary raises based on length of service
Explanation:
Agency conflict occur when the owners of a firm do not manage the company. Instead, the firm is managed by mangers. As a result, the interest of the manger might not be aligned with that of the owners and as a result the manager would not act in the best interest of the owners.
Agency problem is more common in public companies
If management compensation tied to the market value of the firm's stock, it would incentivise managers to take steps that would ensure that the value of the company's stock increases. This is because they would also benefit if the value of the stock increases
A stock option plan gives managers the option of buying a company's stock if certain targets are met. This would motivate an employee to work in the best interest of the shareholders
A proxy fight and a takeover would make the managers to lose their jobs. Most managers would not want to lose their jobs. A threat of a takeover or a proxy fight can serve to motivate mangers to act in the best interest of the stockholders
Answer:
Q1 Q2 Q3 Q4
<u>labor hours 1,900 2,000 2,200 1,800 </u>
variable 5,700 6,000 6,600 5,400
fixed <u> 31,500 31,500 31,500 31,500 </u>
<em> total 37,200 37,500 38,100 36,900 </em>
Explanation:
materials 1
labor 1.25
maintenance 0.25
utilities <u> 0.50 </u>
total variable 3
supervisor 17,000
maintenance 5,000
property taxes 6,000
depreciation <u> 3,500 </u>
total fixed 31,500
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<em>We add up the variable cost per labor hour</em>
Then, we add up the fixed cost and solve for the total budget for each quarter
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<em>NOTE:</em> missing information attache
