Small bu Study guides, Class notes & Summaries

background information on the small business (maximum 1 page) small business internal and external stakeholders (maximum 1 page) mass media and internal media for small business (maximum 2 pages) controlled/uncontrolled media (maximum 200 words)

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MNE3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 30 April 2024 ;100% TRUSTED workings, explanations and solutions. ......... QUESTION 1 • Demonstrate how you would go about constructing financial statements of your small business with reference to practical examples. (30) QUESTION 2 • Demonstrate how you would go about conducting financial forecasting for your business with reference to practical examples.

1. Peter owns a barber shop. His total monthly cost is $3,500.00. He charges $15.00 per hair cut. How many hair cuts must his shop perform to break-even? ~ Answer: 234 2. TRUE OR FALSE: Fixed Costs change depending on the volume of production. ~ Answer: False 3. Which 2 types of information may be found on a profit and loss statement? ~ Answer: Revenue / Expenses 4. TRUE OR FALSE: Customer Retention Rate is the percentage of existing customers who remain custo...

Gmetrix Entrepreneurship & Small Business Exam. 1. Besides defining strengths and weaknesses, what is the other main factor determined during a self-assessment? 2. Which are considered risks of being an entrepreneur? choose three answers. 3. George wants to take his passion for golf and open a golf academy. What would be the benefits George could enjoy from this experience? Choose two 4. After doing a self assessment, Peter realizes he wants to start a plumbing business, but doesn't...

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This documents consists of summary and main points of all relevant content for the exam, categorised by weeks, book chapters, relevant videos and podcasts.

Kinds of Information - Answer-Belief vs Knowledge: - Belief -- propositions unsupported by facts - Knowledge -- propositions supported by facts Opinion vs fact: - Opinion -- inherently involves interpretation - Facts -- involves an objective, real observation Sources of Information: Intuition - Answer-Intuition is a source of belief, not information - Sometimes involves a hard-to-track-down source of a feeling - Sometimes involves anecdote - Sometimes involves a mistaken analogy Acting...

What is Entrepreneurship? - Setting up a business with the aim to make a profit. You need to create a legal structure for your small business. You would like some of the benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partners who will be shareholders. None of you plan to sell your ownership shares to the public, but do not want to be protected from business liabilities. Which legal structure should you set up for your business? - S-Corporation ...

ESB EXAM (Answers for ESB Practice Test Entrepreneurship & Small Business v.2 - U.S. Practice Exam 1 Training) Verified 100% Correct!!