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3 years ago

What does a good business plan contain?helppppp pls

1 answer:

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The Executive Summary. This is a concise one- to four-page summary illustrating the key points that are detailed in each section of the ensuing business plan. The Executive Summary should stand on its own as a separate document.Business Overview. Offer a description of the business, including: The legal structure, Business formation history, The type of business, Location. Means of doing business (Internet, storefront operation, mail order) Operations Plan. Offer an explanation describing how the business will function, including the physical setup and responsibilities for specific tasks. Market Analysis. Include an overview of the market as a whole, with specific data and charts or graphs, if appropriate. Define your target market and your plans for catering to this specific audience. Products and Services. Describe the products manufactured or sold or the services offered. Classify the different types of products or services and provide a brief description of each. Sales and Marketing. Outline pricing and sales information. Include rationalizations for why your audience will buy your products or services and how you will reach them through marketing and advertising efforts. Competitive Analysis. Analyze the strengths and weaknesses of your direct and indirect competitors. Demonstrate how you will gain a competitive edge against your competition. Management Team. Provide pertinent, concise background information on all key players involved in the business. Financial Plan. Include all financial information, from startup costs to balance sheets. The financial section should outline: The amount necessary to start or maintain the business, The amount needed over the next two, three, and even five years, Plans to use funds, Anticipated need for additional funding, Ongoing business expenses, including salaries, insurance costs, promotional expenses, etc. Projections. Provide projected income statements and balance sheets for at least two or three years. Good luck!

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Tax planning Question 6 options: guides investment activities to maximize after-tax returns over the long term for an acceptable

krok68 [10]

Answer:

guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk

Explanation:

Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.

Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."

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3 years ago

Christmas Timber, Inc., produces Christmas trees. The trees are produced through a cutting and pruning process. Machine maintena

Free_Kalibri [48]

Answer:

Christmas Timber, Inc.

Total costs of each production department:

Cutting Department $ 65,100

Pruning Department $ 16,900

Production departmentsʼ total costs $82,000

Explanation:

a) Data and Calculations:

Allocation of service departments' costs to production departments:

Maintenance costs = machine hours used

Janitorial costs = number of trees

Cutting Pruning

Number of trees 16 64

Machine hours 9 1

Maintenance Janitorial Cutting Pruning Total

Total costs $ 7,000 $ 4,000 $ 58,000 $ 13,000 $82,000

Maintenance costs (7,000) 6,300 700 0

Janitorial costs (4,000) 800 3,200 0

Total costs $ 65,100 $ 16,900 $82,000

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3 years ago

In their research, Fiber One product managers consistently heard that the awful taste of fiber was a real barrier for many con

Gnesinka [82]

Answer:

d. product development

Explanation:

The process of creating new products with added features that benefit the customer is called product development. Businesses continuously research to find out what are the customers' preferences. They will invest in developing products that suit customer's needs.

Fiber one is developing a product whose taste will be acceptable by its customers.

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3 years ago

Which of these activities will most likely impose an external cost? a. Betty plants flowers in her garden. b. Bonnie gets a flu

Firdavs [7]

Answer: C. Bridget drives her car after having too much alcohol to drink.

Explanation:

The external cost, also known as third party cost, is all negative cost that a third party receives for a good buying for us, that is, the negative effect that will happen for something that we consume. For example, when we buy a vehicle, the external cost is the emission of gases that are harmful to the environment.

In this case, the external cost is the danger to drivers and pedestrians because Bridget bought alcohol and then drove.

<em>I hope this information can help you.</em>

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3 years ago

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

SCORPION-xisa [38]

Answer:

c. Work in Process (Debit) 23,000

Factory Overhead (Credit) 23,000

Explanation:

This would be the journal entry to record the factory overhead applied to production.

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3 years ago

What does a good business plan contain?​helppppp pls

What does a good business plan contain?helppppp pls