How would you go about deciding whether you wanted to start a business from scratch, buy an
Question:
How would you go about deciding whether you wanted to start a business from scratch, buy an existing business, or buy into a franchise? What information would you collect and analyze?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
To decide whether to start a business from scratch buy an existing business or buy into a franchise you should consider the following factors Your skills and experience What skills and experience do y...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
How would you go about deciding whether person A or person B gets more personal benefit from each of the following? (a) An electric fire; (b) A clothing allowance of x; (c) Free higher education; (d)...
-
How would you go about deciding whether to use a job-based, skills-based, or pay-for-performance compensation plan for employees in a textile manufacturing plant? For wait staff in a restaurant? For...
-
During the year ended 30 June 20X5, Gem Stone Ltd acquired two areas of interest Site A and Site B. The exploration and evaluation activities at Site A amounted to $64454401. The costs relate to the...
-
What is sustainable marketing? Explain how the sustainable marketing concept differs from the marketing concept and the societal marketing concept.
-
Exercise 7-15 Dishonoring a note LO P4 Following are transactions for Ridge Company. Mar. 21 Accepted a $17,600, 180-day, 88 note from Tamara Jackson in granting a time extension on her past-due...
-
1. Village Corp., a calendar year corporation, began business in year 1. Village made a valid S corporation election on December 5, year 4, with the unanimous consent of its shareholders. The...
-
Biggs Industries is considering adopting the balanced scorecard and has compiled the following list of possible performance measures. Select the balanced scorecard perspective that best matches each...
-
Finer Company uses a sales journal, purchases Journal, cash receipts Journal, cash payments Journal, and general journal. Identify the journal in which each of the transactions should be recorded....
-
Rate yourself on the following behaviors and characteristics, according to the following scale. 1. Strongly disagree 2. Disagree 3. Agree 4. Strongly agree As a child, I had a paper route, lemonade...
-
Rate yourself on the following behaviors and characteristics, according to the following scale. 1. Strongly disagree 2. Disagree 3. Agree 4. Strongly agree I prefer working with a difficult but...
-
For each curve in question. i. Find dy/dx and the value(s) of x for which dy/dx = 0 ii. Classify the point(s) on the curve with these x-values iii. Find the corresponding y-value(s) iv. Sketch the...
-
Suppose a company bases its hourly rates on the number of customers per hour. The hourly rate the company charges is given by two functions where = g(2) 4, g(3) = 2, 9(4) = 3 and f(2) = 6, f(3) = 3,...
-
Which statements about insurance are true? 1- Insurance protects against the the worst-case scenario. All rational people want to buy insurance. 2- Insurance costs money, and therefore always...
-
need step by step instruction about creating this: in NX12 PART NAME: BRACKET ALL FILLETS R .313 ALL ROUNDS R .625 2X .500 1/500 2.875 9.500 4750 2875 $500 3.000 750 GENTERED IN OBJECT 2.375
-
8. Convert the angle - 7t from radian measure into degree measure. Show some work. 4
-
4. Variance Analysis. (CPA, adapted) The H. G. Company uses a standard cost system in accounting for the cost of one of its products. < The Budget is based on normal capacity of monthly production of...
-
The Allegheny School of Music has hired you as a consultant to help in analyzing the behavior of the school's costs. Use the account-classification method of cost estimation to classify each of the...
-
"Standard-cost procedures are particularly applicable to process-costing situations." Do you agree? Why?
-
1. Identify themes that you would like to make a part of your vision for the police department. 2. If you get the job, how will you gain acceptance for your vision? How will you implement changes...
-
1. How would you describe the culture of Forest International as it relates to internal integration and external adaptation? 2. Would you expect that changing the culture at Forest would be easily...
-
1. Assume you are Vince Brofft and want to lead the change to save the plant. Describe how you would enact the first three stages outlined in Exhibit 15.2 of the text. 2. Describe three tactics you...
-
1. Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.50 Direct labor $ 3.30 Variable manufacturing overhead $ 2.10 Fixed manufacturing...
-
) Identify how each of the following items is shown on the statement of cash flows. Identify each as operating (O), investing (I), financing (F), or non-cash investing and financing (N). Item (O),...
-
Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning inventory. It purchased A thru G in January at $7.50 per letter. In...
Study smarter with the SolutionInn App