The "Strategic Design and Development" section of a business plan should include:

the names of the suppliers and vendors the owner intends to use

It is important to address the Four P's in which section of a business plan?

strategic design and development

What is owner's equity?

the assets of a company after all of its liabilities have been deducted

Which of these is an example of a venture capitalist?

a person who invests money in another person's new business

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Advanced- Ch. 29: Financial Business Skills

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Answers

1
The "Strategic Design and Development" section of a business plan should include:
the policies and procedures for staff
a summary of all of the main categories of the plan
the business owner's unique selling proposition
the names of the suppliers and vendors the owner intends to use
2
The point at which all costs are covered and a business begins to earn a profit is determined by:
a cost-benefit analysis
a break-even analysis
a cash flow statement
risk management
3
The "Financial Information" section of a business plan should include:
plan for repaying all loans
all are correct
how you will use all sources of capital
an estimate of expenses for the first 3 years of operation
4
It is important to address the Four P's in which section of a business plan?
operations
executive summary
strategic design and development
financial information
5
If you are self-employed, how often are you expected to make estimated tax payments to the Gov. ?
4 times per year
once every pay period
once a month
3 times per year
6
The term (blank) refers to the chance of incurring some type of harm, damage or loss.
investment
capital
business plan
risk
7
What is owner's equity?
the debt a business owes to creditors
document that provides an overview of a business at a given point in time
anything a business owns
the assets of a company after all of its liabilities have been deducted
8
Which of these is an example of a venture capitalist?
a person who invests money in another person's new business
bank that loans money to a new business
a person who decides to start a new business
a person who goes to a bank for a loan
9
You are required to file state and federal tax returns on or before April 15 every year unless:
this date falls on a weekend
neither of these
this date falls on a legal holiday
both of these
10
Which of these must be reported as income?
tips
bonuses
wages
all are correct

Advanced- Ch. 29: Financial Business Skills Flashcards | StudBud