Explain the importance of planning a new business, and outline the key elements in a business plan.
Question:
Explain the importance of planning a new business, and outline the key elements in a business plan.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
A business plan is a formal document that outlines the goals and objectives of a new business ...View the full answer
Answered By
Milbert Deomampo
I have been tutoring for over 3 years and have experience with a variety of students, from those who are struggling to keep up with their class to those who are looking to get ahead. I specialize in English and writing, but I am also proficient in math and science. I am patient and adaptable, and I work with each student to find the best methods for them to learn and retain the material.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Explain the importance of shelf registration.
-
Explain the importance of considering both instantaneous effects and carryover effects when evaluating an advertising campaign.
-
Explain the importance of hedge funds to investment banks, including revenue, types of business, and which division is most relevant. In addition, with which investment banking areas do hedge funds...
-
Consider the nutrition problem in Example 1 of Section 3.3. Solve the problem by the simplex method, and then determine the optimal quantities of soybeans and rice in the diet, and the new cost, if...
-
A random sample was taken of 300 undergraduate students from a university. The students in the sample were classified according to their gender and according to the choice of their major. The result...
-
matrix Let 01, 02, 03 be the Pauli spin matrices. Is the 4 x 4 P (14-01 01 - 02 02 - 0303) a density matrix? (25)
-
Although the attributes sampling plans introduced in this chapter are accurate portrayals of plans applied in practice, they are by necessity generic. Over the years, professional journals such as...
-
Terri Harrison, CPA, has discussed various reporting considerations with three of the entities she audits. The three entities presented the following situations and asked how they would affect the...
-
Assume you are have been appointed as an auditor of a well established business entity which is generating significant profits every year and is well regarded by the general pubic. Upon signing the...
-
Logo Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high schools. The company sews the blankets from fabric and sews on a logo patch purchased...
-
Identify the major causes of business failures, and identify sources of advice and support for struggling business owners.
-
Would opening their own retail stores be a risky decision for Sister Sky? How would this change the companys business model?
-
In 1998, self-described snowboarder and surfer dude Chip Wilson took his first yoga class. The Vancouver native loved the exercises but hated doing them in the cotton clothing that was standard yoga...
-
Unable to sleep, you crawl out of bed one evening and stare out your window at the night sky, finding Jupiter and sitting back to contemplate its grandcur. Remembering your physics, you imagine...
-
You are working on a project to plot the course of a spy satellite. The satellite has a polar orbit (which means it passes over both of Earth's poles during each orbit), and it is outfitted with a...
-
What is the probability of not getting a defective fuse when one fuse is randomly selected from an assembly line and 1% of the fuses are defective? Exercises 1926 involve complementary events. In...
-
a. A detective in Detroit finds that 25 of the 62 guns used in crimes during the past week were sold by the same gun shop. This finding is statistically significant. Because there are many gun shops...
-
Find a recent news report that discusses some type of correlation. Describe the correlation. Does the article give any sense of the strength of the correlation? Does it suggest that the correlation...
-
Discuss the basic tradeoffs between cost, speed, and accuracy when choosing a VAR method. Which method is the fastest? Which has highest accuracy?
-
What are the two methods used to translate financial statements and how does the functional currency play a role in determining which method is used?
-
For audience members to successfully receive messages, they must first __________ the presence of the message, then __________ it from other sensory input, and then __________ it as a message.
-
Choose a business career that sounds interesting to you and imagine that you are getting ready to apply for jobs in that field. Naturally, you want to create a compelling, audience-focused rsum that...
-
Which of the following pairs of attributes best describes the social communication model? a. Interactive and conversational b. Technical and instantaneous c. Electronic and print d. Relaxed and...
-
12. An amusement park ride swings riders around a 25 meter radius circle at a speed of 16 m/s. What is the centripetal acceleration in meters per second-squared felt by each rider? (Answer with 3...
-
For the image matrix given , use the Sobel horizontal edge detector to 1 2 -2 detect horizontal edges. Sobel matrix for horizontal edges is 0 0 104
-
What role does a resource allocation graph play in identifying potential deadlocks, and how can it be utilized to devise strategies for deadlock prevention ?
Study smarter with the SolutionInn App