Some of the practical problems related to construction concerns include:______

lesya692 [45]

Answer:

1. I could jump start an independent bookstore in the metropolitan that I live in right now. The only bookstore around me is 12 miles away at the mall, and I ponder a good place to put a bookstore is the little city focus with restaurants and other small commerce who sell clothes.

2. I will use stock funds also known as equity funding

Get loan from the bank

3. Funding using debt allows you to keep all ownership of the company and equity funding gives control to someone else and puts a price on the company which isn’t good if just a small start up

4. Equipment: $10,000 to $125,000.

Incorporation Fees: Under $300.

Office Space: $100 to $1,000 per employee per month.

5. Our company will use cash basis. As it is easier to do a business with cash inflows rather than accrual basis where you have to wait till the payment is made.

6. Double entry bookkeeping is better for larger businesses, ones with more transactions, or anyone who wants to keep track of more details. In double entry bookkeeping, TWO entries are made for each transaction: a debit in one account and a credit in another. For example, to pay a $200 bill to a utility the Cash Account would be debited $200 and the utility account would be credited the $200.

7. Competition risk - there could be another business that draws customers away from your company.

Economic risk- if the economy is doing poorly, it could increase costs or reduce sales

Reputation - if someone posts a bad review online, how will that effect your sales?

Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules

Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)

Explanation

Your Welcome

7 0

4 years ago

Victor Green has been working at The Bicycle Superstore for about two weeks.This morning he noticed that the store's inventory o

geniusboy [140]

Answer:

The correct option is A.

Explanation:

The chain of command in an organisation refers to the official hierarchy of authority that dictates who is in charge of whom and of whom permission must be requested before any important business decision is made.

A chain of command is put in place so that everyone will know who they are supposed to report to and what responsibilities are expected of them at their current level. A chain of command is used to enforce responsibility and accountability and organisations will implement a chain of command so that workers will follow them when asking questions or filing complaints.

In the scenario presented above, Victor Green clearly does not know the chain of command, therefore, he does not know who to report to or seek permission from in order to make a business decision.

5 0

3 years ago

Manny hired his brother’s firm to provide accounting services to his business. During the current year, Manny paid his brother’s

irakobra [83]

Answer:

ordinary expense - 0

necessary expense - 0

Explanation:

Ordinary expense is an expense arising from an action that is ordinarily to be expected of one in the taxpayer's position. It is one that is common and accepted in your trade and or business.

Necessary expense - is one that is helpful and appropriate for your trade or business. It does not need to be indispensable to be considered necessary expense.

Accounting service is considered necessary for a business to survive but Manny paid his brother large amount of money for his brother even though there is cheaper same service outside.

4 0

4 years ago

A client at a mental institution is rewarded for improved grooming habits with coupons he can exchange for special foods or week

DiKsa [7]

I think the answer would be "positive reinforcement"

7 0

3 years ago

Which of the following is an example of a cash flow budget item? A farmer wants to buy a new combine. A rancher wants to buy a h

Natasha_Volkova [10]

Answer:

In my view the most suitable answer is A restaurant wants to buy a second location..

Explanation:

A cash flow budget is a statement that assesses possible the cash inflows and outflows of a company for a specific period of time in the future. This budget includes recurring inflows and out flows of cash and expected capital gains and expenses as well.

5 0

4 years ago

Some of the practical problems related to construction concerns include:_______.