1.Why do you want to own and run your own business?
If one is knowledgeable with the right amount of business knowledge, financial knowledge and knows whom to hire and how to manage, could make it possible to run a very business of their own. Leaving the same business into some other hands and taking partial liability or profit from the business may not be attractive an option. But handling a business on a single hand could give out one individual to bear the fruit of profit and also can experience the enriched business scenarios to handle. Controlling people and business can be very burdensome and risky, although once one gets to know how to drive a car with a right amount of speed and movement, one can know how to handle the traffic too. It's the same case when you want to run your own business without relying on someone else like driving car without a driver.
Running a business 1. Why do you want to own and run a restaurant versus other business opportunities
Imagine, you were to run a business, how would to respond to the following questions? 1. What are your five top personal values that will guide you in running your business? 2. Why do you want to own and run a restaurant versus other business opportunities?
Do you want to own a candy store? With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for a franchise. Startup costs (in $1000) for random sample of candy stores are given below: 95 173 129 95 75 94 116 100 85 Where x bar = 106.9 thousand dollars and s = 29.4 thousand dollars. Assume normality and create a 95% confidence interval for the population...
Imagine that you want to start your own business of selling burgers. You are however working on a salary in some other cafeteria. You make a budget and see that you might have to incur the following expenses to run a cafeteria. __1. Imagine at least five variable expenses and five fixed expenses of your choice (can be more). __2. Imagine a Sales Price for your burgers. __3. Also imagine some basic drawings or salary for yourself as you are thinking...
You run a donut delivery business and use your own car (which you own free and clear) to make the deliveries. Which of the following is true. . You must account for the opportunity cost associated with using your car to make deliveries calculating your economic profit. In this example accounting profit would equal economic profit. The use of your own car is an explicit cost of production. Since you don't pay yourself rent on the use of your car...
Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, values has an approximately normal distribution Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that the population of x values has an...
You are opening your own small business and want to establish a culture of ethical behavior. What are some procedures you should implement to support an ethics culture?
IN YOUR OWN ESTIMATION, WHAT KIND OF BUSINESS DO YOU THINK WILL SUFFER MUCH LOSS IN THIS TIME OF THE COVID 19 PANDEMIC AND WHY? Show more variables WHY
Do you want to own your own candy store? Wowt With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for Candy Express, The Fudge Company, Karmel Com, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that 93 177 130 91 75 94 116 100 85 (a) Use a calculator with mean and...
Assume that you want to start an e-Commerce business and have decided to have your own e-Commerce infrastructure (not using commercial services). Explain in detail all the hardware, software, tools, skills, personnel, etc. that is required to have your own e-Commerce infrastructure