Answer:
STEP 1:
Plan your business
STEP 2:
Form a legal entitity
Step 3:
Register for taxes
STEP 4:
Open a business account and credit card
STEP 5:
Set up business accounting
STEP 6:
Obtain necessary permits and licences
STEP 7:
Get a business insurance
STEP 8:
Define your brand
STEP 9:
Establish your web presence.
Explanation:
I hope this is what you mean
Which of the following best explains how a recovery period leads to a boom?
A. A natural disaster resulting in greater demand for housing
construction.
B. A decrease in unemployment resulting from low production costs.
C. An increase in consumer demand resulting from a reduction in prices.
D. A reduction in consumer demand resulting from hyperinflation.
The answer is C. An increase in consumer demand resulting from a reduction in prices.
Answer:
C. An increase in consumer demand resulting from a reduction in prices .
Explanation:
when prices decline the consumer demand quantity increases.
Answer:
an increase in consumer demand result from a reduction in prices
Explanation:
2 features of public limited companies
Explain the challenges sole proprietors face when considering whether to expand their business.
Answer:
• Difficulty in obtaining finance
•Unlimited liability risk
• Assuming too many roles
• Heavy decisions making burden
•Going concern
Explanation:
• Difficulty in obtaining finance is one of the many challenges faced by sole proprietors as he seek business expansion. The risk involved in being a sole proprietor is much hence lenders often find it difficult to finance their business.
•Unlimited liability risk is also a challenge against business expansion for a sole proprietor because he faces the risk of loosing his personal assets and that of the business should the business goes bankrupt or liquidate.
• Assuming too many roles poses as challenge to a sole proprietor as he expand his business. In this case, he becomes the manager, customer attendant, cashier etc all of which will become burden on his as the business grows.
• Heavy decisions making burden. A sole proprietor is responsible for making all the decisions regarding his business hence will affect the business as it expands. Some business decisions requires professional advice else the business will collapse in the long run which is often the case with sole proprietors.
• Going concern is an accounting principle which states that a business will continue to exist and into the foreseeable future which is not the case with a sole business owner as his death ends the existence of the business hence a factor against business expansion.
In order to calculate _____ using cost plus markup, a seller needs to know two things the cost of the item in the market.
A. Market share
B. Selling price
C. Number of sales per month
D. Tax rate
Answer:selling price b
Explanation:
Definitley marking the brainliest ASAP
Answer:
It's A im thinking
Explanation:
Answer:
Choice A
Explanation:
Two ours should be maximum, otherwise the food might be contaminated, after two hours.
Please mark BRAINLIEST!
I’m marking the brainliest :))
Answer:
anything below 40 is right, so it's A
Answer:
Choice A
Explanation:
It is 40 degrees or colder.
Please mark BRAINLIEST!
Find the total cost, rounded to the nearest cent, of 3.9 pounds of corned beef at $5.49 per pound and 4.6 pounds of pastrami at $4.95 per pound.
Answer: $44.18
Explanation:
Given the following :
Cost of corned beef per pound = $5.49
Cost of pastrami per pound = $4.95
Pound of corned beef = 3.9 pounds
Pound of pastrami = 4.6 pounds
Therefore ;
Total cost = (cost per pound × number of pound)
Total Cost of corned beef = 3.9 × $5.49 = $21.411
Total cost of pastrami = 4.6 × $4.95 = $22.77
Total cost of corned beef and pastrami :
$21.411 + $22.77 = $44.181
$44.18
By hiring your children, you can
pay low wages.
show how much you care.
transfer wealth without estate taxes.
avoid payroll taxes.
Answer:
Avoid payroll taxes
Explanation:
In hiring your children to work for you, you can avoid payroll taxes as long as they are legitimate employees. This therefore means that one can deduct the children's salary from the business income and then write it down as a business expense. That way, the employer does not have to pay taxes on the salary. The taxes are medicare and /or social security taxes.
In hiring your children, certain rules have to be followed and they include: the child must be a real employee, compensation must be reasonable and you must comply with the legal requirements for employers.
Cheers.
