Should Monics and Ami use a loan or their personal funds to finance their business startup? What other alternatives might they consider?
Answers
Answer:
Explanation:
Financing Business and Personal Aetivities money to start a basiness might result in financial difficulties later on for the business. If you use your own savings to start a business, you might face personal financial problems. What should you do? The answer is not easy. However, you would need to consider sales, expenses, and cash flow in making your decision. Initial sales for the 3D printing business are estimated at $2,200 a month. Sales are expected to grow about 10 percent every six months. However, from this sales various besiness expenses miast be deducted. These include rent, utilities, supplies, advertising, salaries, and insurance. s there is incressed interest in and market opportunities for 3D printing, Monica and Ami have decided to purchase equipment that would serve the marketing needs of various local basinesses. Their 3D printing business would provide product prototypes, innovative marketing materials, and ereative point-of -sale displays. The cost of the equipment and other business start-up expenses are estimated at s6,400. Monica and Ami need to decide whether to use their personal funds or take out a loan to launch the business. A major cause of business failure is poor cash flow. Monica and Ami need to carefully monitor their cash inflows from sales and their cash outflows for business expenses. Creating and maintaining a cash flow statement is a vital record keeping activity for every business. Monica and Ami hope to establish a consistent cash flow from regular eustomers that is complemented by additional revenue from holiday season sales and new eustomers As they plan to move forward with their new enterprise, Monica is interested in obtaining a loan to finance the business startup. Ami believes they should use their personal funds. Monica believes a loan would cause less stress on their personal assets and allow them to maintain needed funds for personal financial emergencies Ami is concerned about the risk of the loan in the event they are not able to make the required payments. Before they move forward, this difference between the owners must be resolved.
Based on the given information, they can opt for personal funds to finance their business startup or might consider an angel investor to invest by pitching with a business plan.
What is a business startup?The organizations that are concentrated on a specific good or service that the entrepreneurs intend to offer to the public and make attractive to consumers are referred to as Startups.
One can invest their own money in their company, designating it as either equity or a loan and depositing the funds into their business account using a check. Several business owners classify it as equity.
If they don't want to spend their own money, they can hunt for angel or investor funding where they can pitch their business proposal to acquire money for their venture and product promotion.
Learn more about business startups, here:
https://brainly.com/question/14488761
#SPJ2
Related Questions
Please help me, I suck at this class ToT
Control over what two areas of manufacturing are the basis for a growing economy and a condition for becoming a world power?
A. copyrights and patents
B. technology and equipment
C. imports and exports
D. wages and benefits
Answers
Answer:
a
Explanation:
What are five key features of a centrally-planned economy?
Answers
Answer: See explanation
Explanation:
A centrally planned economy is simply refered to as an economic system whereby the decisions regarding how resources will be allocated and distributed are done by the government.
Some of the features of a centrally planned economy include:
1. Ownership by the government.
2. The government is responsible for making economic decisions such as what to produce, for whom to produce and also how to produce.
3. Prices in the centrally planned economy are set by the price controls.
4. The economy is bureaucratic.
5. Laws are made by the government in the economy.
why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month
Answers
Answer:
C.
Explanation:
I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.
The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.
A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.
Option (A) is incorrect because interest is only paid on principal, not on interest.
Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.
Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.
Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.
If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.
A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.
Learn more about interest,here:
https://brainly.com/question/32946283
#SPJ6
[tex]\Huge\sf\underline{\underline{\red{Question}}}[/tex]
Explain about E = mc² !!??
Answers
Answer:
E = mc2. It's the world's most famous equation, but what does it really mean? "Energy equals mass times the speed of light squared." On the most basic level, the equation says that energy and mass (matter) are interchangeable; they are different forms of the same thing.
Explanation:
:(
ANWSER HURRY, RUNNING OUT OF TIME....
I'LL GIVE YOU 15$ FOR THE ANWSER , IF YOU GIVE ME SOMETHING I CAN COPY AND PASTE...PUT UR CASHAPP IN THE EXPLANATION AREA....
Explain incentives and opportunity cost. Also give an example of both.
Answers
Answer:
Incentives can be either monetary or non-monetary. When opportunity costs change, incentives change, and people's choices and behavior change. Changes in incentives cause people to change their behavior in predictable ways.
Explanation:
i dont want money thx though.
Incentives convince you to do something - it’s a reward or punishment that shapes people’s choices. Opportunity costs, in contrast, represent the benefits of one choice over another. If you pick one thing, you can’t pick another. An example of an opportunity cost is choosing to spend your morning exercising over seeing friends. The opportunity cost is the time spent exercising (that time can not go anywhere else). An incentive example can be a bonus for selling a certain number of items while working.
Hope this helps!
Explanation:
lindsayest
When an entrepreneur takes some of his profits and replaces old machinery, he is investing in
A. Natural Resources
B. Human Capital
C. Land
D. Capital Goods
Answers
Answer:
D. Capital Goods
Explanation:
Capital goods are physical assets that a business uses to generate revenues. Usually, capital goods have a useful life beyond one year. It implies that they are not meant for sale in the current financial year.
Capital goods include machinery, plants, and equipment, and other long term tangible assets. Some capital goods require a considerable sum of funds to acquire. Costs incurred in acquiring capital goods are spread over the number of their useful life.
Answer:
ok
Explanation:
ok
the purpose of a budget is to do what?
O A. Earn a return on savings
O B. Make sure expenses are below income
O C. Reduce the size of fixed expenses
O D. Prevent discretionarily spending
Answers
The reason why we come up with budgets is to B. Make sure expenses are below income.
Why do we use budgets?
Budgets are beneficial because they help us spend our income in such a way that we still have savings and can take care of all our expenses.
This means that budgets help us to spend less expenses than income so that we can have savings.
Find out more on budgets at https://brainly.com/question/6663636.
#SPJ2
taylor what happened
Answers
Answer:
whos taylor?
Explanation:
i dont know anyone named taylor so...
Answer:
do fish get thristy? this is a assignment for health
Career Explorations Course Question!!!
Celena is interested in working in the biotechnology field one day and wants to start exploring and learning more about the field in general right now. What career cluster should Celena begin investigating in order to learn more about working in biotechnology?
A.
finance
B.
agriculture, food, and natural resources
C.
architecture and construction
D.
education and training
Answers
Answer: D
Explanation: he wants to learn so its D
Answer:
D
Explanation:
Compare two similar companies or products based on their consumers (audience), costs, communications (customer service), and convenience (relevance). When you are finished comparing, explain which product is better for people like yourself.
Answers
Answer:
i need this too
Explanation:
Which of the following would be the best way for you to promote your pressure washing business?
O a. free sample
O b. discount coupon
O c.contest
d. gift with purchase
Answers
Answer:
B. I would say a discount copoun would help Since they are essentially a form of marketing, coupons function similarly to print ads. ... Once they have brought those people into business establishments, coupons begin to help businesses make money, because consumers will be motivated to spend more than the incentive cost of the coupon in their purchases
Explanation:
No real question. But anyone know this answer, If your are a doctor, DO ANY of you know how to bring a frozen person back to life. I looked it up and it said a human that is frozen can be brought back to life, I just want to double-check
Answers
Answer:
prob melt them with fire but you gotta be careful because you can burn then if not i guess just use potions or something?
Explanation:
Which type of tax provides income for retired and disabled people and their families?
A. Social Security tax
B. Medicare tax
C. Property tax
D. Income tax
Answers
Answer:
A. Social Security tax
Explanation:
A social security tax provides income for retired and disabled people and their families
Felicity earns $39.990 per year in take-home pay. What is the most money a
housing expert would advise her to spend on a monthly mortgage payment?
A. $987.24
B. $3990.00
C. $833.13
D. $666.50
Answers
Answer:
C. $833.13
Explanation:
Home experts advocate for the 28/36 rule. As per this rule, total household expenditure on debts, including mortgages, should not exceed 36 % of monthly gross income. Monthly spending on mortgages should not exceed 28% of monthly income.
Felicity annual income = $39,990
Monthly income = $39,990/12
monthly income =$3,332.50
The maximum amount to be spent on mortgages
= 28% of $3,332.50
=28/100 x 3,332.50
=$933.1
Felicity should not spend more than $933.1 on the mortgage alone
From the options provided, $833.13 should be the recommended amount
Explain the differences between active and passive income. Which do you think is easier from an owner's standpoint, and why?
Answers
Answer:
Passive income is money earned on an investment, or work completed in the past that continues to make money without any additional effort. Active income, on the other hand, is money earned in exchange for performing a service. I would think active income is easier because it allows you to earn an income quickly and consistently. Passive income can take years to build.
Explanation:
If you watch TV for two hours, you dont spend any money. Does this mean that you do not have an opportunity cost for watching TV? Explain your answer.
Answers
Answer:
No, Watching TV has an opportunity cost
Explanation:
Opportunity costs represent the forfeited benefits for preferring a certain option over others. It is the foregone benefits from the next best alternative.
Watching TV for two hours has an opportunity cost. By watching TV, a person has sacrificed doing other things. The two hours could have been used in other ways like working, studying, swimming, or playing. By watching TV, the person missed benefits from the other activities. The other activity that would have resulted in more benefits other than watching TV is the opportunity cost.
Businesses and _____________________ are accepting greater environmental
Answers
avoid using materials unnecessarily
reduce your paper needs by asking staff to print double-sided
reuse by encouraging staff to use scrap paper for message-taking instead of purchasing message pads
recycle by shredding excess paper - you could recycle this commercially or invite staff to take it home for their compost or mulch heaps.
Language is the most complex challenge global marketers face.
True
False
Answers
Answer: False
Explanation:
PLS help!!!!! Will Give BRAINLIEST!! thanks :):)
In a biometrics research lab, Grant is listed as the laboratory director, while Tamara is listed as a laboratory technician. Both careers fall into the STEM field. Take a moment to research these two positions and explain the difference between them
Answers
Answer:
The Tamara Foundation has partnered with Stronger Philanthropy to manage the grant application process. Stronger Philanthropy will interview charities to determine their funding priorities, present Charity Profiles to the Tamara Foundation that are aligned with our mission and mandate for shortlisting, contact charities being invited to submit an application for consideration, and manage new grant applications and follow-up reports.
Explanation:
hope it helps
answerd by Hami Radcliffe
Why is it important to invest for your retirement? please explain :p
Answers
When consumers in the United States buy products made by China, they are buying imported goods.
True or False
Answers
How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300
Answers
Answer:
2 months
Explanation:
Damian requires the first and last months rent = $1500
His monthly income is $1,300
The first month's expenses are $300 ( groceries, cable, and internet)
Possible savings from month one = $1000 ($1300 - $300)
To get $1500, Damian will need to save for two months.
What is your initial response to the Pantene ad shown in the video?
Answers
I think that it is time to finally see the rise of women that is taking over because for whatever reason men feel as though this is “a mans world”. Its sad that when women try and take over we’re are being ‘’bossy’’, ‘’pushy’’, ‘’annoying’’, or that “we think we know everything”. When in reality it’s the other way around. Men can be all of those things but yet, no one acknowledges these things. Men feel as though they know everything and that women don’t know anything. I feel as though there should be more people that look like me in charge. Now you may say “What do you mean?” I mean that I want to see more women taking control. We aren’t trying to seem “bossy” or “pushy” when giving directions or anything, we just want whatever the task is to be done right! I want to see more women because as a female I feel as though I need the empowerment.
In the long run, increasing the national debt will cause which of these?
A) higher tax revenue
B) an increase in jobs
C) higher interest rates
D) an increase in production
Answers
If choose all that apply I think a,b,and c
Do you think the ad will change women’s purchasing habits when it comes to shampoo? Explain.
Answers
Answer:
Depends on the product
Explanation:
Women love different scents, but they prefer ingredients that destroy the dryness from their hair, so if, let's say. a brand like TRESemme Shampoo and Conditioner starts putting heathier ingredients into it, and will put a box onto the bottle commonly on the back with words that read "TRESemme Keratin Smooth Shampoo contains natural keratin which strengthens hair and makes it unbelievably smooth.. It can even make your chemically-treated and damaged hair as smooth as before!" this can influence women's thought's to buy this product, so yes, yes an ad can influence a women's purchasing habits'.
Long story short: yesA marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answers
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
What are the primary reasons why businesses should establish health and safety policies? Check all that apply.
to help maintain productivity
to protect the welfare of workers
to prevent the need for labor unions
to help maintain morale in the workplace
to improve the goods and services produced
to reduce costs for workers' compensation insurance
please respond quickly. EDGE2021
Answers
Answer: To help maintain productivity, to protect the welfare of workers, to help maintain the morale of the workplace, to reduce the cost for workers’ compensation insurance
Explanation: I just completed the assignment
The primary reason, Businesses should establish health and safety policies were to help maintain productivity.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
The health and safety policies help businesses: Prevent workplace injuries and illnesses. Improve compliance with laws and regulations. Reduce costs, including significant reductions in workers' compensation premiums.
The Research shows that workers are more productive in workplaces that are committed to health and safety. Reducing downtime caused by illness and accidents means less disruption.
Therefore, Thus option (A) is correct.
Learn more about the business here:
https://brainly.com/question/15826771
#SPJ2
What is misleading about the term “overdraft protection”? please answer will give brainliest to the first
Answers
Answer:
"Overdraft protection is a misleading term, because it doesn't protect you from overdrafting," Schliep said, after paying the bank back for the charges. "It allows you to overdraft when you don't have enough money in checking so you're not embarrassed by getting your card denied."
Explanation:
Answer:
it makes it sound beneficial but it will take money from you.
With overdraft protection, if you don't have enough money in your checking account, checks will clear and ATM and debit card transactions will still go through. If you don't have enough overdraft protection to cover a shortfall, transactions won't go through, and fees may be high.
Explanation:
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answers
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
can regional level employment be converted into national level
employment? Why? Why not ?
Answers
Answer:
The work or occupation for which one is used and often paid is known as employment. If employment is generated in a particular region or a locality only, it is termed as regional level employment and if employment is generated at the national level, it is termed as national level employment.
Explanation:
plz mark me as brilliant plz