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
S_A_V [24]
2 years ago
10

How important is a business plan?​

Business
2 answers:
zubka84 [21]2 years ago
8 0

Answer: Hewo, There! your Answer is Below

A business plan is a very important and strategic tool for entrepreneurs.

the purpose of a business plan is to help articulate a strategy for starting your business.

Explanation:

<em>Hope this Helps you!!</em>

<em>Have a great day!!</em>

<em>A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed</em>

Agata [3.3K]2 years ago
5 0

Answer:

Hey mate.....

Explanation:

This is ur answer.....

<em>Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service details.</em>

Hope it helps!

Brainliest pls!

Follow me! ;)

You might be interested in
Compared to marketing to consumers, organizational buying is characterized by ______.
Ainat [17]

Answer:

far fewer buyers is the correct answer.

Explanation:

8 0
2 years ago
If Pharrell invests his money in stocks and high-yield bonds, which phrase
Dmitriy789 [7]

The phrase  that describes his investment strategy is "Risky and Long term investor".

Basically, an investment strategy refers to set of rules, behaviors or procedures which are designed to guide an investor's on the selection of an investment portfolio.

  • Majority of investors fall between lower risk investor, moderate risk investor and higher risk investor.

  • The portfolio that he invests in ( stocks and high-yield bonds) is an example of high risk portfolio

In conclusion, the phrase  that describes his investment strategy is "<em>Risky and Long term investor</em>"

Read more about investment strategy:

<em>brainly.com/question/1101043</em>

3 0
2 years ago
If the lessor meets any one of the five Group I criteria, then the lessor classifies the lease as a(n) ________. If the lessor m
DENIUS [597]

Answer:

Sales type lease, direct financing lease, operating lease

Explanation:

A lease is a contractual agreement whereby the lessor(landlord) is paid for the use of his or her assets/properties by the lease(tenant). The assets that are usually leased are vehicles, buildings etc where payment is made for a specified period.

Sales type lease. Here, the dealer(landlord) earn interest revenue accrued plus the profit on the sale of asset. Whereas the profit is arrived at by deducting the selling price from the actual sales price . Profit is also earned and recognized at the beginning of the lease period.

Direct financing lease. The only benefit earned on this type of lease is the interest by the lessor-landlord. There is no profit or loss in the lease transaction. The actual value of leased asset is the same as the purchased value of the asset.

Operating lease is the combination of both sales type lease and direct financing lease. Here, the benefit of asset leased like yearly depreciation is claimed by the lessee-tenant . The ownership of leased asset must be transferred to the lessor at the end of agreed term subject to lessee having bargaining option. The lesse may however purchase the asset at a much reduced price say seventy five percent of the market value.

7 0
3 years ago
Suppose a plaintiff hires a lawyer to represent her in a court case. The lawyer will receive a share of the settlement if the pl
UNO [17]

Answer:

Answer B

Explanation:

Plaintiff attorney is the last resource for the damaged or injured party, that he/she can turn to. They usually represent those who suffered as a result of someone else's negligence and in the process cover all the costs and expenses of the trial. They cover all the financial costs in exchange of portion of Final verdict or settlement.

3 0
3 years ago
g Westvaco Inc. manufactures two different sizes of monitors: small and large. Currently, its total manufacturing overhead cost
umka2103 [35]

Answer:

Allocated overhead= $30,000

Explanation:

<h3>First, we need to calculate the plantwide predetermined overhead rate:</h3>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 80,000/16,000

Predetermined manufacturing overhead rate= $5 per <u>direct labor hour</u>

<u>Now, we can allocate overhead to Small Monitors:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Small Monitors:

Allocated overhead= 5*6,000= $30,000

5 0
2 years ago
Other questions:
  • You own a portfolio that has a total value of $215,000 and it is invested in Stock D with a beta of .86 and Stock E with a beta
    5·1 answer
  • It has been estimated that there are 107 billion pieces of mail per year. if the postage rates are raised 3¢, how much extra rev
    8·1 answer
  • I have a signed contract with one company this company sold my contract to another company that did the work and it wasn't done
    13·1 answer
  • Sid files a suit against tina. before going to trial, the parties, with their attorneys, meet to try to resolve their dispute. a
    15·1 answer
  • Which type of market research is data that an entrepreneur collects himself or​ herself; for​ example, from a survey of potentia
    9·1 answer
  • During the year, Belyk Paving Co. had sales of $2,485,000. Cost of goods sold, administrative and selling expenses, and deprecia
    13·1 answer
  • Suppose you deposit $2,454.00 into an account today. In 6.00 years the account is worth $3,868.00. The account earned ____% per
    14·1 answer
  • So if I ask a question does it take away my points or does it just get points from somewhere else and give it to you guys?? And
    15·2 answers
  • Wildhorse Co. had the following assets on January 1, 2022. Useful Life (in years) Item Cost Purchase Date Useful Life (in years)
    13·1 answer
  • Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a shar
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!