Answer:
Pages and pages of detailed facts and figures
Explanation:
Endless pages of detailed fact and figures are not necessary for a new small business a concise and financial information should suffice.
There are three primary parts to a business plan:
The first is the business concept, where you discuss the ibusiness you are in to, your business structure, your particular product or service, and how you plan to make your business a success.
The second is the marketplace section, in which you describe and analyze potential customers (target market): who and where they are, what makes them buy and so on. Your unique niche and selling point Here, you also describe the competition and how you'll position yourself to beat it.
The financial section contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. This part may require help from your accountant and a good spreadsheet software program.
Most homeowners would agree that the most important financial benefit from owning their own home is the tax break. This is known as a tax shelter and allows for homeowners to avoid or lower their taxes. Owning a home reduces your taxable income and in large part due to interest rates and interest paid on an owned home.
Answer:
DR Cash $599,000
CR Notes Payable $599,000
Explanation:
As this is the entry for the issuance of the note, interest will not be recorded as it is incurred as during the loan period.
Entry will be;
Date Details Debit Credit
Jan 1 Cash 599,000
Notes Payable 599,000
True. Good management can lead to the success of a business entity with the aid of a field research analyst and the viability of the functions of management. Having good management directly relates to having a smooth running operation. The management team makes sure their individual groups are operating how they should and working efficiently for the overall goals to be met.
A witness testimony would be direct evidence. Hope you found that helpful :)
