One procedure for determining future hiring needs involves analyzing this component.
What is sales volume?
This is the reason businesses establish specifications for selecting hardware & software systems.
What is to obtain systems that perform required functions?
The bottom line on a business's income statement.
What is net income/loss?
This is an external source of information that may be used to estimate a start-up business' cash inflows.
What is industry analyses?
These are three characteristics of a well-written executive summary.
What are clear, concise and error-free?
What is productivity?
This is an important factor to consider if a business is using a supplier on the opposite side of the country.
What is delivery timeliness?
The primary flow of money in a business comes from this source.
What is sales?
Employee's salaries belong in this category on a balance sheet.
What is current liabilities?
This could be a part of the management plan component of a business plan.
What is organizational resumes?
This is one of the major purposes of a job description.
What is to outline specific job tasks?
A benefit of moving your business closer to a raw materials supplier.
What is proximity?
Rent, utilities and supplies are examples of these.
What are cash outflows?
This is why a business prepares a balance sheet.
What is to determine its current financial situation?
When applying for a loan, this is a question often asked of the business.
What is "how will the money be used?"?
This is another name for inventory and equipment.
What is capital resources?
A professional used to prepare a start-up company's tax return.
What is an accountant?
Lenders and investors require businesses to provide financial statements to evaluate this about the business.
What is anticipated profitability?
Assets, liabilities and equity are the main categories on this financial statement.
What is a balance sheet?
Poor product development, unreliable manufacturing equip, and product shortages are all examples of this type of risk.
What is operational?
This is a type of software that is installed on computer systems as a security feature.
What is a firewall?
What is a supplier?
DAILY DOUBLE! The amount of start-up money needed for 10 weeks for: one full-time employee @ a wkly salary of $550; one part-time employee (20 hrs/wk @ $12/hr); and spend $600/wk on other expenses.
What is $13,900?
An example of this type of plan would be having generators available in case of a power outage.
What is a contingency plan?
A business with a quality culture would have this type of executive-level managers.
What is managers who are committed, involved, and take responsibility for quality?