1. Financial plan plays a vital role in a business plan to identify the financial needs...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. Financial plan plays a vital role in a business plan to identify the financial needs of a new venture. State FIVE (5) objectives of a financial plan. (10 Marks) 2. Mr. Jack is planning to open new branch for his restaurant. He believe it is crucial for him as an entrepreneur to choose the right location because a good location can result in higher sale, lower operating cost and higher profit. Explain FIVE (5) factors for him to consider in order to choose the right location (10 Marks) 1. Financial plan plays a vital role in a business plan to identify the financial needs of a new venture. State FIVE (5) objectives of a financial plan. (10 Marks) 2. Mr. Jack is planning to open new branch for his restaurant. He believe it is crucial for him as an entrepreneur to choose the right location because a good location can result in higher sale, lower operating cost and higher profit. Explain FIVE (5) factors for him to consider in order to choose the right location (10 Marks)
Expert Answer:
Answer rating: 100% (QA)
Certainly let me help you by providing a structured response to both of these questions 1 Financial plan plays a vital role in a business plan to identify the financial needs of a new venture State FI... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
investment, and so on enter into your decision? QUESTIONS 1. Explain how the landlord-tenant relationship works. 2 How are priorities established for each division? 3. What is the working...
-
This is a research study, having four variables. .1)Leader humility 2)Antisocial behavior 3)mindfulness 4) Self-efficacy I need help to w.rite Abstract of this study and need you to make the sense...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Alpha corp reports the following results for the current year: net income per books (before federal income taxes ) 738,000 federal income tax expense per books (156,240) net income per books (after...
-
Seventh Investments, Inc., began by issuing common stock for cash of $250,000. The company immediately purchased computer equipment on account for $106,000. 1. Set up the following T-accounts of...
-
For what reasons may acquirers choose a particular form of acquisition vehicle?
-
2. Caldwell, carrying a large purse, was shopping in a K-Mart store. A security guard observed her look at various small items such as stain, hinges, and antenna wire. On occasion she bent down out...
-
Cost System Choices, Budgeting, and Variance Analyses for Sacred Heart Hospital The purpose of this integrated exercise is to demonstrate how a change in the cost systems allocation base can result...
-
What are the answers for these?. Counted from the date of donation, the donor's tax is paid within O 15 days O 60 days 30 days O 10 days Maliit Company donated a commercial lot worth P1,000,000 to...
-
A new company is planning to make and sell new cheap smart phones in America. They will sell the phone at $99.99 in a market that potentially buys 1 million smart phones every year. They hope to get...
-
23. Which of the following is NOT a conclusion of the Central Limit Theorem? Choose the correct answer below. OA. The standard deviation of all sample means is the population standard deviation...
-
Which service provides dynamic global Pr. addressing to end devices without using a server that keeps a record of available Pv6 addresses
-
The movie Drunk in Public was a documentary of the lifeof Mark David Allen. Discuss three areas of society that wereimpacted by Mark Allens life. Explain the impact on each of thoseareas of society.
-
Question 1. You snap your fingers at the oper snap end of a 1-meter- long tube that is clused at the other end. With a microphone at the there is 5.8 ms between the time open end you determine that...
-
Explain the history of social psychology, including when and how it developed differently than other fields of psychology or social sciences. Describe your interest in social psychology. Identify how...
-
what ways do power and ideology interact to maintain and justify systems of social stratification in various cultural contexts ?
-
Differentiate between a population and a sample , and a parameter and a statistic . In your explanation, apply the concepts of descriptive and inferential statistics.
-
Assume that your audit team has established the following parameters for the examination of ELM's sales transactions: LO G-3 Risk of incorrect acceptance...
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
John Williams (age 42) is a single taxpayer, and he lives at 1324 Forest Dr., Reno, NV 89501. His Social Security number is 555-94-9358. John's earnings and withholdings as the manager of a local...
-
Charlie's Green Lawn Care is a cash basis taxpayer. Charlie Adame, the sole proprietor, is considering delaying some of his December 2012 customer billings for lawn care into the next year. In...
-
The following balances have been extracted from the books of Mitchell plc on 31 July 2002. From them draw up (i) a detailed trading and profit and loss account for internal use, for the year ending...
-
Bunker plc is a trading company; it does not carry out any manufacturing operations. The following information has been extracted from the books of account for the year to 31 March 2010: Additional...
-
Fresno Group plc have prepared their financial statements for the year ended 31 January 2004. However, the financial accountant of Fresno Group plc had difficulty in preparing the statements required...
Study smarter with the SolutionInn App