What is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?

1. Less record keeping
2. Lower financial risk
3. You can apply your own experience
4. Developing your own rules

Answers

Answer 1

Answer:

4.

Explanation:

Instead of having to follow a franchises rules or prexisting rules at the existing business you can develope your own affecting costs and overall efficiency of your company.

Answer 2

The primary benefit of starting a new business without purchasing a franchise or buying an existing business is developing your own rules. Thus, option fourth is correct.

What is business?

A business is described as a firm or organization that engages in economic, industrial, or professional activity. Businesses can be either for-profit or non-profit organizations.

Limited liability firms, sole proprietorship, companies, and partnerships are all elements of marketing structures.

The first step of the business is to prepare the budget. As contrast to satisfying the financial criteria of purchasing a franchise or a running firm, you can tailor your new business to match your available cash, such as by working from home or part-time.

Therefore, it can be concluded that option fourth is correct.

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Related Questions

What is a natural risk that businesses should consider when establishing their information-management procedures

Answers

Data security issues such as: Information leaks, Breach of the GDPR law, hacking

An appraiser completes an appraisal for a homeowner in preparation for obtaining a loan. The appraiser provides a letter report and sends a bill for his preparation of the appraisal. He bases the cost of his work on a percent of the amount of the value his opinion finds. What is the situation here

Answers

The situation here is that the appraiser is:

Taking a percentage for his services from the appraisal

Based on the given question, we can see than when an appraisal is made, the appraisal which is actually a written report that makes an estimate of the present value of a piece of property.

With this in mind, we can see that the appraiser preferred to take his payment from the percentage value of the value of the property which he appraised. This method is sure to give the appraiser more money than he would have made, especially if the value of the property was quite high.

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.

Dylan and Roberta want to teach their children about money management. What is the BEST way to help their children understand money?

A. Dylan and Roberta should invest money for their children’s education.

B. The children should manage their own weekly allowances.

C. They should wait until the children are older than 16 to discuss money.

D. The children should put all of their money in piggy banks and never spend it.

Answers

Hi!

Option C is correct.

Explanation of the choices:

A. - This seems a good choice, however it's not the best choice. Let's come back to it.

B. - This is the best choice because they get to experience first-hand how to manage and make their own money decisions. Choice A might seem good at first, but we can see this is better because they get to make their own decisions and experience hands-on how to do it.

C - This is not a good choice, because it's best to expose children early so they can grow up knowing how to do it.

D - This choice doesn't make sense. What is the point of money if you store it away and don't spend it? This will likely not be a good lesson in the future.

Hope this helps! :D

Answer:

the right answer is "B. The children should manage their own weekly allowances."

Explanation:

trust me ;)

What kinds of products
and property do cyber-
protection laws cover?

Answers

Answer:

Act of threatening to share information about a person to the public, their friends or family, unless a demand is met or money is paid

Explanation:

Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
Α.
2030
B.
2040
C.
2045
D
2050

Answers

Answer:

The correct answer is: D. 2050

Explanation:

Answer: 2050

Explanation:  Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.

Thus, 2020 + 30 years = 2050

ALL of the following are reasons firms change from labour intensive to capital intensive EXCEPT:

Quality
Finance
Technology
Quantity

Answers

Answer:

quantity.

Explanation

terms will change from labor-intensive to capital-intensive to increase the efficiency of Labor which will ultimately result in the increase production

Answer:

Quantity

Explanation:

Whether they implement more labours or decrease the amount of labours it hardly matters the production or quantity of production

So option D is correct

a token economy represents an application of the principles of

Answers

Based on business application, a Token economy represents an application of the principles of "operant conditioning."

What is a Token Economy?

Token Economy is the term used to describe the system of contingency management based on the systematic support of target behavior.

Generally, the Token Economy is established in a way that functions on operant conditioning and behavioral economics.

Token Economy can be categorized within applied behavior analysis.

Hence, in this case, it is concluded that the correct answer is "operant conditioning."

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What guidelines must colleagues follow when providing gifts, meals, entertainment or other things of value to clients, customers, or third parties

Answers

The guidelines that is needed to  be followed by colleagues when providing gifts, meals or entertainment to clients are;

The colleagues should make sure gift or entertainment is not been perceived as a bribe by clients.The gifts or entertainment must be consistent as regards the accepted business practice.The gift should not make the recipient to feel insecure in making a fair decision.

When gifting out some meals or entertainment to clients, there are some necessary consideration that is needed to be made so that the recipient won't feel unsecured with the gift.

In the process of gifting, one of the guidelines is that the gift should look like a bribe which means it must be aligned with business or practice of the organization

We can conclude that when a colleagues when providing gifts, meals to clients it should be done in way that follows accepted business practice.

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which chart type provides the best visual display of the relationship between two numeric variables

Answers

The chart type that provides the best visual display of the relationship between two numeric variables is scatter plot.

According to the given question, we are to discuss the chart type that provides the best visual display of the relationship between two numeric variables.

As a result of this we can see that scatter plot , and this chart most used graph and the sole aim of using it is to provide visualizing relationship between two numeric variables.

Therefore, scatter plot is a chart type that provides the best visual display of the relationship between two numeric variables.

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Answer:

Bar Chart

Explanation:

How large a payment must this customer make on 4/20/12 to be considered on-time with their payment?

Answers

An on-time payment simply means a payment that's paid back at a particular agreed at a particular due date that has been agreed.

Your information is incomplete. Therefore, an overview will be given. It should be noted that an on-time payment is important for one to run business affectively.

In this case, to be considered on-time with their payment, the customer should pay the agreed amount. Late payments simply impact ones ability to run business and can lead to one incurring more interest.

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A real estate licensee typically allows the licensee to A) give tax advice to a prospective purchaser of real estate. B) provide legal advice to clients but not customers. C) represent clients and customers in residential or commercial property transactions, but not both. D) specialize in any category of real property.

Answers

C) represent clients and customers in residential or commercial property transactions, but not both.

A real estate licensee refers to an individual who holds an active license as a real estate broker, principal real estate broker or licensed real estate property manager.

A real estate licensee has permission to enter into a property they represent with the general public. This means that the owner of the real estate grant the agent his or permission to make use of the land.

Other duties of a real estate licensee are :

Determining clients’ needs and financials abilities to propose solutions that suit them.Providing guidance and assisting sellers and buyers in marketing and purchasing property for the right price under the best terms.

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The thing which a real estate license allows the licensee to be able to perform is to:

D) Specialize in any category of real property.

Real Estate licensee

A real estate licensee is a person who has the legal backing to be able to show prospective home owners various house listings and to also help them make a choice.

With this in mind, when a licensee becomes legal, that is has the backing of the government, then he can be allowed to specialise in any category of real property such as:

ResidentialCommercialRaw land, etc

Therefore, the correct answer is option D

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what is the purpose of long term disability insurance?

Answers

To provide financial support if person cannot work.

The extended warranty on a $960 dishwasher is 21% of the purchase price and lasts for eight years. What is the effective cost per year of the extended warranty? a. $28. 80 b. $45. 20 c. $23. 78 d. $25. 20.

Answers

Answer:

holi eso la D con mucho trabajo por fin la realizar y la conteste

Quintín

Based on the percentage of the extended warranty and the number of years it is to last, the effective cost per year is d. $25.20

First find the total warranty coverage for the dishwasher:

= Warranty percentage x Cost of dishwasher

= 21% x 960

= $201.60

The effective cost per year is:

= Total warranty / Number of years

= 201.60 / 8 years

= $25.20

In conclusion, the cost is $25.20.

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How can you say that Economics is a science of choice??​

Answers

Answer:

Your answer is attached above

hope it helps

and I want to talk to you kavya sis

It's really important plzz dont ignore plzzz

Max is a newly licensed real estate agent. He gets a position with a brokerage firm that plans to pay him commissions, not a salary. What kind of contract might Max want to make with his new firm

Answers

The type of contract which Max would have to draw up for his firm which is based on commissions and not salary is:

An independent contractor agreement

Based on the given question, we can see that max is a licensed real estate agent who gets a job with a brokerage firm and he is expected to make commissions instead of having a fixed salary.

With this in mind, the type of salary which Max would have to make with his new firm would be an independent contractor agreement because this would help him to work with more freedom and close sales and collect his commissions.

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The debit balance in a nominal account shows:

a) Gains b) Expenses

c) Assets d) None of the above



(answer the above question correctly)

Answers

the debit balance in a nominal account shows b) Expenses

Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:

a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.

Answers

I think the answer would be C hope it helps

Use this example from a fixed-rate mortgage calculator to help you answer the questions. Keep the page open after you complete this question. According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.

Answers

Answer:

C, $669

Explanation:

Edge 2022

The closest answer is $877, which may be the monthly payment for a different loan amount or interest rate.

What is interest rate?

The interest rate is the amount charged by the lender to the borrower in addition to the principal amount.

In terms of the receiver, a person who deposits money in any bank or financial institution earns extra money due to the time value of money, which is referred to as interest received by the depositor.

Using the provided information, we can calculate the monthly payment for the fixed-rate mortgage using a mortgage calculator.

Plugging in the numbers into a mortgage calculator, assuming monthly payments, we get:

Principal: $170,000

Term: 30 years

Interest rate: 4.25%

Thus, the calculated monthly payment for principal and interest is $834.82.

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the major difference between the service life of an asset and its physical life is that

Answers

Explanation:

service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.

Felice bought a duplex apartment at a cost of $165,000. Her mortgage payments on the property are $1,520 per month $666 of which can be deducted from her income taxes. Her real estate taxes total $1752 per year, and insurance costs $1464 per year. She estimates that she will spend $1230 each year per apartment for maintenance, replacing appliances, and other.costs. The tenants will pay for all Utilities What must she charge to more $2550 in profit each year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Ignore any tax effects.)
Rant per paiment ________________.

Answers

The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

Data and Calculations:

Cost of a Duplex Apartment = $165,000

Monthly mortgage payments = $1,520

Deductible mortgage payment = $666

Annual Real Estate Taxes = $1,752

Annual Insurance costs = $1,464

Annual Maintenance costs = $1,230

Annual profit expected = $2,550

Rent to charge = PITI + Profit

= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)

Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.

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Austin is starting his first job at the local bowling alley. What can Austin do to make a good first impression on his first day of work?

Arrive to work late.
Be kind to customers.
Criticize his co-workers.
Invite his friends to visit him at work.

Answers

Answer:

Be kind to customers

Explanation:

Be kind to customers because when a customer is well treated the customer will intend to come often

PLS ANSWER QUICK!!! Which law prohibits discrimination against federal government employees with disabilities?

A. The Civil Rights Act of 1991
B. The Equal Pay Act of 1963
C. The Fair Labor Standards Act
D. The Rehabilitation Act of 1973

Answers

The law that prohibits discrimination against federal government employees with disabilities is:D. The Rehabilitation Act of 1973.

What is e Rehabilitation Act of 1973?

The Rehabilitation Act of 1973 is a federal law that prohibits discrimination against individuals with disabilities in programs or activities conducted by federal agencies, as well as by employers that receive federal financial assistance. The law also requires federal agencies to take affirmative action to employ and advance individuals with disabilities, and to provide reasonable accommodations to enable them to perform their job duties.

Therefore, this law specifically prohibits discrimination against federal government employees with disabilities, and ensures that they are afforded equal employment opportunities and protections under the law.

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What is the Federal Reserve System able to do?

A. Mandate that the government create new jobs

B. Provide loans to individuals

C. Provide loans to banks

D. Encourage individuals to spend more money

Answers

Answer:

c

Explanation:

The federal reserve systems responsibilities include influencing the supply of money and credit to banks

One difficulty in using voluntary transactions to internalize externalities is that: _____________

a. the government usually will not enforce contracts of this type.
b. people are motivated by​ self-interest and are often unwilling to engage in a transaction that might make another person better off.
c. transaction costs of coming to an agreement can be very large when numerous people are involved.
d. people usually​ don't understand what the real opportunity costs are that they face.

Answers

Answer:

jesus

Explanation:

lol

I need some rare car brands for my channel please do not include Mitsubishi, pontiac, and mazda.

Answers

Answer:

Acura

Explanation:

Common resources fall into five general groupings. They include __________, Teams, Facilities, Equipment, and Supplies.

Answers

Based on the information given regarding common resources, the last option will be Personnel.

It should be noted that common resources simply refer to the resources that are useful for an organization to be able to achieve its objectives.

Common resources fall into five general groupings. They include Personnel, Teams, Facilities, Equipment, and Supplies.

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Which of the following is a service fee? an amount of money a bank charges?

O an amount of money a bank charges for the use of an account.
O an amount of money charged as interest on a credit card balance.
O a fee charged when there is not enough money in a checking account to cover a check.
O the minimum balance a bank requires to be deposited to opening a checking account.

^I am thinking D, but I am not certain. Could someone check please? Thanks!

Answers

Answer:an amount of money a bank charges for the use of an account.

Explanation:

When someone charges you money for them to do something it is called a service fee

How is Biden an affect on America.

Answers

Through Joe Biden's foreign policy plan, America will once again lead by example, ... the disruptive impact of new technologies, and climate change.

Your project team has expressed their communal position that they would prefer not to have a review meeting at the end of the project. As project manager, how should you respond to show the value of this meeting?

Answers

How you respond should show the value of this meeting is: To tell the team that lessons learnt from the project process can be used in other projects.

A project manager is a person whose sole responsibility is to:

Plan the projectDirect the projectManage the projectMonitor the projectExecute the project etc

Since the team said they would not have a review meeting at the end of the  completion of the project the best decision as a project manager is to tell the team member that lessons learnt from the project process can be used in other projects since the project is a special or unique project.

Inconclusion the project manager should tell the team that lessons learnt from the project process can be used in other projects.

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My response to the expressed communal position of the project team's  preference of not holding project review meetings is to stress its importance with regard to lessons for future projects.

The lessons that come from review meetings help the team to correct mistakes, realign processes, and improve performance.

Thus, since review meetings help to re-enforce the team's learning, I will reassure the team that the meeting would not take more time than necessary.  I will also ensure that each team member participate actively.

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Oil refining is an example of:

Construction Production
Extractive Production
Domestic Production
Traditional Production

Answers

Answer:

Explanation: step by step

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