business plan
What is the purpose of a vision and mission statement
The purpose is to state what your current and future goals are.
What does COGS stand for
Cost Of Goods Sold
North Korea is a modern example of a
Command Economy
why is a brand idenity so important
So people can easily recognize your business and you stand out in the market
What is the differnce in revenue and profit
Revenue is the total money you make while profit is the money you keep
what aism for "no claseses, no money, and distribution based on need"
Communists
what is market anaylisis
Market anaylisis tell you about the market, its downsides,ups,,competitors, and customers.
why is supply and demand important
What are the four ideologies
Socialsim,capitlism, communism,traditionalism
what is the first thing potential investors look at in your plan
The executive summary and finacial plan.
How does a non-profit make money
through things like donations, and fundraisers
What dies CPI stand for
consumer price index
What is a financial plan and why is it important
A fincial plan is a plan on your future and current income aswell as expenses. Its important as it helps you build goals and a plan for your money
How do you calculate profit
revenue-cogs-expenses=profit
What is inflation
a general increase in prices over time, reducing purchasing power