Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Otherwise, the weaknesses lie in the unpredictability of initial finances and operations. That is, finances can only be projected and operations needs and procedures

image text in transcribed

Otherwise, the weaknesses lie in the unpredictability of initial finances and operations. That is, finances can only be projected and operations needs and procedures will be estimated until a later point in time after the restaurant actually opens. However, the entrepreneurs need to use the aforementioned research and development efforts to ensure that their assumptions can be justifiable. This can be especially crucial if they determine that further funding is needed at startup.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions