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Mumz [18]
2 years ago
12

The part of the formal business plan in which you discuss the industry, business structure, products and services, and how you p

lan to make your business a success is called the ______.
Business
1 answer:
max2010maxim [7]2 years ago
7 0

The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.

The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.

The part of the business plan includes:

  • Executive summary shows the summary of key points in the business plan.
  • Marketing plan shows the promotion and marketing plans of the business.
  • Key management bios shows the planned management structure of the business
  • Financial plan shows the finance plans of the business

Therefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.

Learn more about this here

<em>brainly.com/question/15826771</em>

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Explanation:

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2. The number of partners in a general partnerships could be  greater than two.

3. In case of LLC and corporations, the entity is considered to separate from its owners. Hence the owners enjoy limited liability benefit.

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3 years ago
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3 years ago
What does it mean to do time analysis which is one of the principles referred to ?
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3 0
3 years ago
Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat
yKpoI14uk [10]

Answer:

CMR: 52% --> each dollar of sales generates 52 cent of contribution

VCR: 48% --> 48 cent per dollar of sales are cost

BEPu:    10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.

BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.

Explanation:

selling price per hat:  $ 25

variable cost per hat: $  12

Contribution per unit $  13

Contribution Ratio:

13/25 = 0.52

Variable cost Ratio:

12/25 = 0.48

Fixed cost: 130,000

Break even point:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{130,000}{0.52} = Break\: Even\: Point_{dollars}

dollars of sales BEP: 250,000

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

\frac{130,000}{13} = Break\: Even\: Point_{units}

units sold to pay up variable and fixed cost: 10,000

4 0
3 years ago
A lumber mill bought a shipment of logs for $58,000. When cut, the logs produced a million board feet of lumber in the following
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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
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