discuss how a small business can be bootstrapped at its inception. what kind of costs can the entrepreneur avoid or lower with tenacity and sweat equity?
Answers
Bootstrapping is a common way for small businesses to get started without relying on external funding.
It involves utilizing available resources and minimizing costs wherever possible. Some costs that can be avoided or reduced through bootstrapping include office space (by working from home or using shared co-working spaces), marketing expenses (by using social media and networking), and hiring employees (by utilizing freelancers or interns).
Additionally, the entrepreneur can leverage their own skills and expertise to perform tasks such as website design, accounting, and customer service. Through hard work and determination, the entrepreneur can use sweat equity to build the business without taking on excessive debt or sacrificing equity.
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Related Questions
How does fractional reserve banking increase the money supply in an economy?
A. It allows foreign currencies to be directly substituted for U.S. dollars.
B. It takes money deposited in banks and makes it available as loans.
C. It pressures depositors to withdraw money held in banks for long periods.
D. It requires the government to print money when deposit levels increase
Answers
Answer:
B. It takes money deposited in banks and makes it available as loans.
It takes money deposited in banks and makes it available as loans does fractional reserve banking increase the money supply in an economy. Hence, option B is correct.
What is reserve banking?The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves. The bank must store this actual paper money in a vault on the property or in an account with the national bank.
A percentage of 100% indicates that the bank would have all of its customers' money available even if they all sought to withdraw it. Although this is undoubtedly a very secure method of banking, the way things have been put forth thus far, the bank would merely be serving as a safe. It would be incapable of lending any money.
A regional bank of the United States' central banking system, the Federal Reserve System, is known as a Federal Reserve Bank.
Thus, option B is correct.
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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7-7. (Round your intermediate and final answers to the nearest whole dollar.)
Monthly gross income $ 3,200
Other debt (monthly payment) $ 185
30-year loan at 7 percent
Down payment to be made (percent of purchase price) 20 percent
Monthly estimate for property taxes and insurance $ 235
1. Affordable monthly mortgage payment $_____
2. Affordable mortgage amount $_____
3. Affordable home purchase $_____
Answers
Answer:
Affordable monthly mortgage payment $796
Affordable mortgage amount $119,699
Affordable home purchase price $149,625
Explanation:
1. Calculation for the Affordable monthly mortgage payment
Affordable monthly mortgage payment
=($3,200 x .38) – $185– $235= $751
Affordable monthly mortgage payment=$1,216-$185-$235
Affordable monthly mortgage payment=$796
2. Calculation for the Affordable mortgage amount
Using this formula
Affordable mortgage amount = Affordable payment/ Monthly mortgage factor *1,000
The monthly mortgage factor of a 30-year mortgage at 7% is 6.65.
Let plug in the formula
Hence,
Affordable mortgage amount
796/6.65 x 1000 =
Affordable mortgage amount=119.699×1000
Affordable mortgage amount=$119,699
3. Calculation for affordable home purchase price
Affordable mortgage amount=119.699×1000
Affordable mortgage amount=$119,699
3. Calculation for affordable home purchase price
Affordable home purchase price=119,699/ (1 - .20)
Affordable home purchase pr= $119,699/0.8
Affordable home purchase price=$149,625
Therefore:
Affordable monthly mortgage payment is $796
Affordable mortgage amount is $119,699
Affordable home purchase price is $149,625
Select the correct answer.
From the following balances of Casper Inc., calculate the free cash flow of Casper Inc.
Answers
From the given balances of Casper Inc., the free cash flow of Casper Inc. can be calculated as $917,000. Hence the correct option is c.
Give a brief account on free cash flow.Free cash flow (FCF) refers to the cash a company generates after accounting for cash outflows in order to support its business and maintain its fixed assets. Unlike earnings and net income, free cash flow is a measure of profitability, excluding non-cash expenses on the income statement and including spending on equipment and assets, and changes in working capital from the balance sheet. increase.
Free cash flow = Net operating profit after taxes - Net investment in operating capital.
Net operating profit after taxes = Cash flow from operating activities
Net investment in operating capital = Sale of machinery + Dividend paid
Free cash flow = 1,000,000 - (30,000 + 53,000)
Free cash flow = 1,000,000 - 83,000
Free cash flow = $ 917,000
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Women in the workplace" has been said to be the most important component of diversity at the national level in most of the world. What factors make this true? women’s strengthened presence in the workforce both a and c the impact of women’s changing roles at both home and work the fact that women speak up more and are more willing to drive social change
Answers
The statement that "Women in the workplace" is the most important component of diversity at the national level in most of the world is supported by several factors, including:
Women's strengthened presence in the workforce: Over the years, there has been significant progress in increasing women's participation in the workforce. This increased presence brings diversity to workplaces and contributes to a more inclusive environment. The impact of women's changing roles at both home and work: Women's changing roles and responsibilities have had a transformative effect on society and the workplace. As women have taken on a broader range of roles, including breadwinners, leaders, and decision-makers, their influence and contributions have become increasingly vital. The fact that women speak up more and are more willing to drive social change: Women have historically played a crucial role in advocating for social change and driving progress in various spheres. They often bring unique perspectives, experiences, and priorities to the table, leading to a greater focus on equality, fairness, and diversity in society.
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8. Describe three methods a company can use to increase employee motivation. 9. What is market segmentation? How is it used in a successful business? Give two examples of types of market segments.
Answers
8. A company can use the following methods to increase employee motivation:Recognition: Employees like to feel appreciated for their work. So, recognition is a vital factor in motivating employees. A company can motivate employees by providing them recognition for their work, appreciating them for their performance, and acknowledging their contributions.Employee Engagement: Employee engagement is another factor that can help improve employee motivation. When a company engages with its employees, they feel like they are valued and can make a significant contribution. A company can motivate employees by involving them in the decision-making process, providing opportunities for personal and professional growth, and giving them the freedom to perform their tasks creatively.Employee Incentives: Employees like to be rewarded for their hard work and dedication. Therefore, a company can motivate employees by providing incentives like bonuses, extra vacation time, or other benefits for achieving specific goals or objectives.9. Market Segmentation:Market segmentation is the process of dividing a market into smaller groups of buyers with similar needs or characteristics. It is used to identify and understand different customer groups, create targeted marketing campaigns, and develop products that meet their needs. Two examples of market segments are:Demographic Segmentation: Demographic segmentation is the process of dividing the market based on demographic characteristics such as age, gender, income, education, etc. For example, a company may target young adults aged 18-25 years who are tech-savvy and interested in the latest gadgets.Psychographic Segmentation: Psychographic segmentation is the process of dividing the market based on lifestyle, personality, values, and attitudes. For example, a company may target eco-conscious consumers who are concerned about the environment and prefer sustainable products.
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A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $
Answers
Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.
After-tax incomeUsing this formula
After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)
Let plug in the formula
After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)
After-tax income=$12,800-($9,600+$1,200)×0.60
After-tax income=$12,800-$10,800×0.60
After-tax income=$2,000×0.60
After-tax income=$1,200
Inconclusion the after-tax income is $1,200.
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Given the following data from a recent Comparative Competitive Efforts page in the CIR:
Your Industry Your Company AC CAMERA SEGMENT Company Average vs. Ind. Avg. Price (Average Wholesale Price $ per unit) $265 $250 +6.0% P/Q Rating (1 to 10 stars) 4.7 -7.8$ Brand Reputation 79 75 +5.3% Number of Models 3.1 +29.0% Retail Outlets — Multi-Store Chains 54 35 +54.3% Online Retailers 107 +57.4% Local Retailers 4,669 2,897 +61.2% Retailer Support($ per unit) 8.12 6.92 +17.3% Advertising Budget ($000s) 5,000 1,929 +159.2% Website Displays ($000s) 5,000 1,764 183.4% Sales Promotions - Weeks 6 +27.7% Discount 10.0% 15.9% -37.1% Warranty Period (days) 6069 -13.0% Demand for ACC Units (000s) 307. 9 2 79.0 +10.4% Gained /Lost (due to stockouts) -8.8 -0.1 AC Camera Units Sold (000s) 299.1 278.9 -7.2% Market Share 15.3% 14.3% +1.0 pts Special AC Camera Contracts Discount Offer Avg. Discount = 12.4% Value Index Avg. Value Index = 71 Special Contract Units Sold (000s) Total Units = 58.5k 4.7
Based on the above data for your company, which of the following statements is false?
This Based on the above data for your company, which of the following statements is false?
Your company had big competitive advantages on retail outlets and even bigger competitive advantages on advertising and expenditures for website displays.
Your company suffered sales losses of 8,800 cameras because of inability to fill orders from retailers.
Your company's percentage competitive advantages and disadvantages on the 10 competitive factors affecting AC camera sales and market share resulted in a net overall competitive advantage of a size sufficient to produce a market share that was 1.0 percentage point above the industry average.
Your company's competitive advantages in retail outlets, advertising, and expenditures for website displays would have greatly boosted your company's Value Index and greatly enhanced your company's ability to secure special contracts with chain retailers had company's managers opted to compete for them.
Your company's sales volume and market share in the AC Camera segment were negatively impacted by your company's P/Q rating and sales promotion discount.
Answers
The false statement is E. Your company's sales volume and market share in the AC Camera segment were negatively impacted by your company's P/Q rating and sales promotion discount.
What is market share?Market share means the percentage of the total revenue in a market which a company's business makes up.
From the information, the company had big competitive advantages on retail outlets on advertising and expenditures for website displays. Also, the company suffered sales losses because of the inability to fill orders from retailers.
The company's sales volume and market share in the AC Camera segment were not negatively impacted by the company's P/Q rating and sales promotion discount.
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using the aging approach, management estimates that $1,000 of accounts receivable will be uncollectible. the allowance for doubtful accounts has a $100 unadjusted credit balance. the adjusting entry to record estimated bad debts includes a . (check all that apply.)
Answers
"Management expects that 15 of the 100,000 dollars in credit soles will be uncollectible," reads the full statement. The Doubtful Accounts Allowance has a $100 unsecured credit line. The funding entry to record estimated bad debts includes a
debit to Bad Debt Expense of $ 900credit to Allowance for Doubtful Accounts of 900, Option B and FThis is further explained below.
What is bad debt?Generally, A loan or outstanding sum that is no longer considered collectible and must be wiped off is an example of what is referred to as "bad debt."
Because there is always some risk of default that is connected with granting credit, it is inevitable that some debt will become delinquent at some point over the course of conducting business with clients.
In conclusion, Here, the entry in the diary would be -
900 DR. BAD DEBT EXPENSE
CR. DOUBTFUL Accounts Allowance - 900
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Pepsico entered into a long-term contract with a south african beverage company. The contract calls for the south african firm to produce and market pepsi products in the country. Pepsico will receive royalties on each case of sodas sold. This is an example of.
Answers
Pepsico signed a long-term agreement with a beverage manufacturer in South Africa. According to the agreement, the South African company must manufacture and promote Pepsi goods there. Every time a case of soda is sold, Pepsico will collect royalties. This is an example of licensing.
The term "licensing" refers to a commercial agreement in which one firm grant another company a temporary right to use its intellectual property, such as its manufacturing method, brand name, copyright, trademark, patent, technology, trade secret, etc., in exchange for fair compensation and subject to certain terms.
Coca-Cola and Pepsi, for instance, are made and marketed locally by bottlers in several nations under a license structure.
In more precise words, it is the simplest kind of commercial partnership in which a corporation rents out its market-specific product expertise in return for access to the market.
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When you miss payments on a loan, creditors:
A. can charge excessively high interest on other customers to make
up the difference.
B. must accept the loss as simply part of doing business.
C. have the right to take measures to get their money back.
D. must declare bankruptcy on the loan, which damages their credit
score.
Answers
Answer:
C.
Explanation:
It's obviously not A, because that would lead to a corrupt society. It's not B either, because no one would pay if that were a policy, and it wouldn't be any different than giving out money for free.
C is correct. If a debtor misses payments on a loan, the creditor has the right to transfer the amount due plus interest to the next given payment. The next given payment will cost the debtor the amount due previously, plus interest (for being late), and the amount due that month.
For example, a debtor makes monthly payments of $1,000 to their creditor. If the debtor misses this month's payment (which equates to $1,000), the creditor has the right to move the amount due plus interest to next January.
Generally speaking, interest should be around 10% annually and broken down into monthly charges. So the annual interest rate would be $100, which makes the monthly interest rate $8.33. Next January, the debtor would pay the amount due previously ($1,000), plus interest ($8.33), and the amount due that month ($1,000).
The debtor will need to pay $2008.33 in January.
A lot of people might mistake D as the correct answer, but creditors don't have to declare bankruptcy.
The correct option is C. When you miss payments on a loan, creditors have the right to take measures to get their money back. Normally, the creditor will get in touch with you and let the credit bureaus know about the default.
Who is a creditor?A creditor is a company that extends credit, allowing another company to borrow money that will eventually be repaid. A company that offers goods or services but does not request payment upfront is also considered a creditor because the customer owes the company money for work already completed.
A creditor has a range of alternatives available to it to induce payment if you miss a payment or are unable to pay a debt, including using collection firms. Inability to pay a debt can still have negative effects, such as ruined credit scores and lawsuits, even though debtor's prison is a thing of the past.
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One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answers
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
Total supply chain costs in some industries approach 75 percent of the total operating budget.
True
False
Answers
It is true that in some industries, total supply chain expenditures are close to 75% of the overall operating budget.
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer.
An operating budget is used by a company, government, or organisation to plan its operations. It comprises of all revenues and expenses for a period of time (usually a quarter or a year). Prior to a reporting period, an operating budget is created as a goal or strategy that the company hopes to accomplish.
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Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?
Answers
This question is incomplete but will answer this based on what I guess you're asking.
Answer and Explanation:
Assume there are 10 employees for the small factory that makes shoes.
Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.
1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)
Total budget for non-salary employees= 5000 hrs×$10= $50000
Therefore Jose would need a $50000 budget given the variables above.
Which statement best describes the relationship between price and quantity supplied? a When prices increase, quantity supplied increases.b When prices increase, quantity supplied stays the same. cWhen prices decrease, quantity supplied increases. d When prices decrease, quantity supplied stays the same.
Answers
A is the option that offers the most accurate description of the connection between the selling price and the total amount.
When prices go higher, there is a corresponding rise in the amount that is provided.
When prices increase, the quantity supplied increases. Option A
What does the price mean?This is a reference to the value that is affixed to a certain good or service, which is the amount that it may be bought or acquired for.
As a result, we can see that based on the economic principle of price and quantities supplied, we can make the observation that when prices increase, the quantity supplied increases, and this is because of demand and supply.
In other words, when prices go up, there are more goods available for purchase.
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flower, inc. had 100,000 shares of common stock outstanding on january 1, 2020. on april 1, 2020, the company issued 10,000 new shares and on september 1, 2020, the company purchased 12,000 shares of treasury stock. the number of shares flower should use in the denominator of its eps calculation is
Answers
The number of shares flower INC should use in the denominator of its EPS calculation is 103,500.
Given,
Shares of common stock = 100,000
New shares issued on September 1 = 10,000
Company purchased = 12,000 shares
So, the number of shares flower INC should use in the denominator of its EPS calculation is calculated below.
(100,000 × 3÷12) + (110,000 × 5÷12) + (98,000 × 4÷12)
= 103,500
Hence, in order to calculate earnings per share, take a company's net income and then subtract it from that preferred dividends. It is calculated as a company's profit which is divided by outstanding shares.
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Bill is creating and selling homemade cookies. Which of the following factors does NOT
directly affect how much Bill will sell his cookies for?
Answers
Answer:
What factors are there?
The Real Estate Settlements and Procedures Act (RESPA) applies to: Select one: A. those parties who are indirectly related to a real estate transaction such as termite inspectors or flood insurance agents on policies not escrowed. B. installment contracts of residential property for investment. C. all first lien residential mortgages for the purchase of one to four-family homes or condominiums for investment or occupancy. D. all residential mortgages for occupancy only.
Answers
Answer:
D. all residential mortgages for occupancy only.
Explanation:
The act applies to the loan purchases, property investments and equity lines of credit. It proves brokers to give disclosure of borrowers regarding the real estate.a. The factor distribution of income describes the relationship between
1. factor ownership and total income.
2. technology and total income.
3. capital and total income.
b. The factor market and factor prices play an essential part in the
1. allocation of income.
2. allocation of resources.
3. distribution of goods and services.
4. allocation of finance.
Answers
Answer:
a. The factor distribution of income describes the relationship between
3. capital and total income
b. The factor market and factor prices
1. allocation of income.
Explanation:
In economics, income distribution is defined as how a nation's total GDP is distributed amongst its population. On the other-hand, The factor distribution of income is the division of total income among labor, land, and capital. Factor prices, which are set in factor markets, helps in the determination of the factor distribution of income.
i am so coufued "what i am going to in future, i am very good in art and math and cooking and pe?
Answers
Answer:
you can be a artist or chef
Answer:
You can start up an art themed restaurant.
Explanation:
You are very talented, you could even enter cooking shows to practice and improve on ur cooking skills.
Very many people have are paintings in their homes, selling your art could earn you plenty of income.
PLEASE MARK BRAINLIEST :))Explain how you would apply any five pricing techniques to attract ccustomers
Answers
Answer:
1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market. 2. Market penetration pricing 3. Premium pricing. 4. Economy pricing. 5. Bundle pricing. (these are just some that I know)
Explanation:
How do you awnser a question
Answers
Answer:
like this ; )
Explanation:
im just talented
Answer:
click add awnser under the question, it might not be there because someone already answered it.
Explanation:
Why might a person assume the Mr. White could be doing well financially
Answers
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Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.
Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."
Hope it helps!!an adult person normally goes into shock after losing what minimum number
Answers
An adult person normally goes into shock after losing a minimum number of 20% of their blood volume.
Shock is a severe condition that occurs when there is insufficient blood flow to meet the body's oxygen and nutrient requirements. Blood loss is one of the potential causes of shock. In adults, significant blood loss of approximately 20% or more of their total blood volume can lead to the onset of shock. However, it's important to note that individual factors such as overall health, pre-existing medical conditions, and the rate of blood loss can influence the threshold at which shock occurs. Immediate medical attention is crucial in cases of significant blood loss to prevent or manage shock effectively.
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Describe an outright sale of a venture. What are the four categories of possible buyers?
Answers
An outright sale of a ventur whether it be a profit, relative value method cash flow, or other indicator, with the observed market value. In fact, it is thought to be the primary driver of this market value.
Based on a company's enterprise value, several frequently used multiples are available. These multiples are particularly significant in mergers, acquisitions.
And deals involving privately held businesses because they reflect a company's rating independent of its capital structure. Not all multiples are determined by factors affecting earnings or cash flow. A frequently used metric for comparing the market value and book value of a company's assets is the price-to-book (P/B) ratio. Measures of relative value to sales include the price-to-sales ratio and the EV-to-sales ratio. Because both sales and book value are less important value drivers, these multiples should be used with caution.
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The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answers
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
Which of the following reflects an acceptable yearly developmental goal as identified on an employee’s Individual Development Plan? (Select all that apply.)
improve my listening skills and interpersonal communication.
complete the training to become a master aircraft mechanic.
reconnect with high school friends in similar careers for networking.
enroll in post-graduate courses and complete studies for a master’s degree.
Answers
Answer:
improve my listening skills and interpersonal communication.
enroll in post-graduate courses and complete studies for a master’s degree.
Explanation:
sport directs and British Heart Foundation: mission, vision, and values.
Answers
Our British goal is to create a world without the worry of cardiovascular and Foundation circulation conditions. These illnesses destroy the hearts mission of millions of families and claim the lives of 1 in 4 people.
We intend to alter that. In order to permanently defeat sadness, we raise money for research into treatments and Foundation cures. According to the BBC's Royal Charter, its purpose is to act in the public interest mission while providing all audiences with objective, outstanding, and distinctive products and services that inform, educate, and amuse them. The British Heart Foundation Society seeks to promote the charity and raise funds for it.
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Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answers
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
a decrease in the price of a good will, all other things unchanged, result in: an increase in demand. an increase in supply. an increase in the quantity demanded. more being supplied.
Answers
The correct answer is option a "an increase in the quantity demanded." When the price of a good decreases, it becomes more affordable for consumers. This leads to an increase in the quantity demanded.
It is important to note that this is different from an increase in demand. Demand refers to the entire relationship between price and quantity demanded, whereas quantity demanded refers to a specific quantity of a good that consumers are willing and able to purchase at a given price.
In this scenario, all other factors, such as income, tastes, and preferences, remain unchanged. Only the price of the good is changing. This means that the decrease in price causes movement along the demand curve, resulting in an increase in the quantity demanded.
For example, if the price of a smartphone decreases, more consumers will be willing and able to buy it at the lower price, leading to an increase in the quantity demanded.
In summary, a decrease in the price of a good, with all other things unchanged, results in an increase in the quantity demanded.
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Select the word or phrase that accurately completes each sentence.
Pressing the Backspace key will delete the text on the .
Pressing the Delete key will delete the text on the .
Answers
Answer:
Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the rightExplanation: