Why is developing a financial plan so important to an entrepreneur about to launch a business?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Developing a financial plan is one of the most important steps in lau...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Essentials of Entrepreneurship and Small Business Management
ISBN: 978-0133849622
8th edition
Authors: Norman M. Scarborough, Jeffrey R. Cornwall
Question Posted:
Students also viewed these Management Leadership questions
-
Why is developing a value proposition for the products/services offered so important for a business? How much impact do you think a well-developed value proposition has on the success of a product or...
-
Reg is developing a financial plan that would enable him to retire 30 years from now at age 60. Upon reaching age 60, he will use some of the funds in his RRSP to purchase an eight-year annuity that...
-
Why is developing a reputation as a subject matter expert important for a leader is leadership deals so heavily with interpersonal skills?
-
What levels of visibility may be assigned to an attribute or an operation?
-
A manager of a store that sells and insta11s hot tubs wants to prepare a forecast for the number of hot tubs demanded during January , February, and March of next year. Her forecasts are a...
-
You're conducting an information interview with a manager in another division of your company. Partway through the interview, the manager shows clear signs of impatience. How should you respond? What...
-
Interpret the following information regarding Westlake Corporations cash flows. Net income Depreciation expense Profits before depreciation $680 125 805 Increase in accounts receivables (200)...
-
Robinson Hardware is adding a new product line that will require an investment of $1,454,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $300,000...
-
a) Explain the difference between quantum Mechanics and Classical Mechanics b) Explain the Bohr's form of quantization of Energy [4 mks] [3 mks] c) Calculate the penetration distance for a very small...
-
The company Smart Inc. is a company that produces Dog Shampoo in Toronto area. The results of the company, which has been mediocre for the past couple of years, have been presented in the annual...
-
What costs does a business incur by selling on credit?
-
How should a small business use the 12 ratios?
-
Refer to Exercise 13.69. a. Give the implied regression line of pulse- rate difference on height and weight for a smoker who did not run in place and who has engaged in little physical activity. b....
-
The first table depicts the output of a firm that manufactures wireless earbuds. The earbuds sell for $3 each. Calculate the marginal product and marginal rev- enue product at each input level above...
-
Who has ultimate responsibility for decisions about medical staff membership, and why? How should this responsibility be fulfilled?
-
Entity A has a subsidiary B, which has been struggling in recent years and requires significant investment to expand its operations. Entity As owners do not have sufficient financial resources...
-
You hypothesize that complaints spike on certain days of the week. What improvement tool would you use to analyze this theory? Imagine you are the supervisor of the health information management...
-
What are the four elements of proof necessary for a plaintiff to succeed in a negligence case?
-
From the following ratios and information relating to the activities of Bengal Traders Ltd., find out (a) Sales for the year 2015; (b) Sundry Debtors on 31.12.2015; (c) Sundry Creditors on...
-
Describe basic managerial approaches to implementing controls and how these are implemented.
-
Why do many entrepreneurs underprice their goods and services, especially when they first get into business? Discuss the connection between the prices a company establishes for its goods and services...
-
Work with a team of your classmates to define the ethical issues involved in dynamic pricing.
-
What are the advantages and the disadvantages of dynamic pricing to the companies that use it? To the customers of the companies that use it?
-
What is a data flow diagram? Why do systems analysts use data flow diagrams? How can data flow diagrams be used as analysis tools? How do you decide if a system component should be represented as a...
-
Suppose the demand and supply functions are as given below: Qa86 0.8 P Q-10+ 0.2 P Find the equilibrium price and quantity and show it graphically.
-
1. How much will an investment of Php 17,000 be if it is compounded quarterly for six (6) years at 5% interest? 2. If an interest of Php 5,000 is deposited into a savings account at an interest rate...
Study smarter with the SolutionInn App