Pros and cons of using your own money in a business.

Answers

Answer 1
Pro: You Will Run a Better Business. ...
Pro: One of the Top Owner's Funds Benefits – It's Your Business, Your Way. ...
Con: The Risk of Personal Debt and Bankruptcy. ...
Con: Your Money Might Not Be Enough.

Related Questions

Donald, a banker in an investment firm, has long hair. His boss thinks that all men who have long hair are not serious about their work. In this scenario, Donald's boss is guilty of _____.

Answers

In this scenario, Donald's boss is guilty of Stereotype as thinks that all men who have long hair are not serious about their work.

What is Stereotype?

Stereotype is a belief in which is unfair and untrue that many people have  for the other people. For example:- Girls are considered to be weak ,innocent and polite and boys are considered as very strong and they never cry.

In the above scenario, Donald who is an investment banker is judged on the basis of his physical appearance. His boss has a Stereotype that  all men who have long hair are not serious about their work.

Donald must be judged by his working skills rather than his appearance. Thus the boss is guilty about his Stereotype thinking.

Learn more about banker here:

https://brainly.com/question/26352161

#SPJ1

Discuss ways in which businesses can deal with change in the workplace

Answers

Be honest about your concerns. ...
Practice positive thinking. ...
Communicate with your superior frequently. ...
Re-evaluate your job and your place within the company. ...
Ask questions frequently. ...
Take a skills course. ...
Confide in family and friends for support.

Name the occupation in which people work for others and get rewarded in return

Answers

Answer:

Employment/Employers

Explanation:

Employers are the people who hire others in order to do work for a business, establisment or company with the bonus of payment.

What is a swot anaylasis

Answers

SWOT analysis is a strategic planning and strategic management technique used to help a person or organization identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

I hope this helped!! <3

Answer:

a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.

Explanation:

mark brainliest

Choose all of the descriptions that illustrate advantages to using major credit cards for purchases. A) Major credit cards typically have very low interest rates on monthly payments. B) Major credit cards do not issue late fees to the account holder on payments overdue. C) Major credit cards are usually accepted at most marketplaces in the United States and abroad. D) Major credit cards often offer accountholder protections for unauthorized purchases made using the card. E) Major credit card purchases are usually tax deductible, resulting in a refund from the IRS for the account holder.

Answers

Answer: C) Major credit cards are usually accepted at most marketplaces in the us and abroad

and

D) Major credit cards often offer account holder protections for unauthorized purchases made using the card

Explanation:

ONLY C & D. USATESTPREP ANSWERS

THIS IS FOR EDGE BUSINESS TECH PLEASE ANSWER ALL QUESTIONS (6) !!

1. Describe two trends that you've noticed (either demographic, invention/technology, lifestyle, or style/entertainment) and explain how each one might generate a small business opportunity. (1-6 sentences. 4.0 points)


2. Make a list of at least 5 business ideas that interest you. Then explain which one you think is the best opportunity for you. Give at least 3 reasons why this opportunity is better for you than the others. (2-6 sentences. 3.0 points)


3. Visit the Web site for a well-known company, and find the section that states its mission. What is the company's mission? How does the mission relate to the type of products the company sells? Did anything surprise you about the mission? Why or why not? TIP: If the company's Web site doesn't describe its mission, choose a different company. (1-5 sentences. 3.0 points)


4. Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences. 3.0 points)


5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)



6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)

Answers

Marketing trends for the current market are related to innovation, such as the digital market, with the sale of infoproducts through influencer marketing.

What is influencer marketing?

It is an approach on the rise that originated due to the sharing of information on digital platforms. It consists of strategies for engaging a person on the internet, generating trust in their opinion about a product and brand, promoting it.

Based on influencer marketing, some business ideas that can be profitable in today's market are:

Selling online coursesDigital marketing consultancyDigital influencerDigital designerMarketing agency

To stand out in a competitive and globalized market, it is essential that the company develops its values ​​and mission in line with its objectives and promoting the brand's socio-environmental responsibility.

Therefore, the use of marketing tools such as SWOT analysis will help an organization to be positioned in the market, by expanding the vision of the micro and macro environment.

Find out more about marketing here:

https://brainly.com/question/7156426

#SPJ1

outline reasons why some chemicals are not suitable for man's use​

Answers

Answer: Chemicals such as insecticides, pesticides, and others must be kept away because they can contaminate food, and make it poisonous to anybody. Some can cause burns, vomiting, diarrhea, and in very large amounts, drowsiness or death. Chemical products may cause immediate health effects, such as skin or eye irritation or burns, or poisoning. There can also be longer-term health effects from chemicals.

Explanation:

Chemicals such as insecticides, pesticides, and others must be kept away because they can contaminate food, and make it poisonous to anybody. Also, chemicals used, for the preservation of food, must not be allowed to come in contact with food substances.

Negative impacts of strikes on businesses as an economic issue

Answers

The major negative impact of strikes on businesses as an economic issue results in less productivity.

What do you mean by business?

A business refers to an organization that is engaged in commercial, industrial, or professional activities.

The negative impact of the strike on businesses is that it affects the teamwork, profitability, and productivity of the business.

Businesses may have to suffer financial and production losses and consumer confidence is badly affected.

Learn more about Business here:

https://brainly.com/question/15826118

#SPJ1

When explaining technical information to a non-
technical audience, it is best to
avoid the use of technical terms in your
explanations.
O get the audience's attention with a messy-
looking hair style.
O use technical terms in your explanations.
DONE

Answers

Answer:

Avoid the use of technical term

Explanation:

Avoid the use of technical term in your explanation

The debit for a sales tax properly levied and paid on the purchase of machinery preferably would be a charge to

Answers

The debit for a sales tax properly levied and paid on the purchase of machinery preferably would be a charge to machine account.

What is a machine account?

This is a section of the Journal entry that records the machine entry.

Hence, the amount paid on the purchase of machinery preferably would be a charge to machine account.

Read more about machine account

brainly.com/question/25746199

#SPJ4

What movie earned tom hanks his first oscar nomination?.

Answers

Answer:

Big (1988)

Explanation:

He made his breakthrough with in Penny Marshall's Big (1988) for which he earned an Academy Award for Best Actor nomination.

You have been awarded an insurance settlement of $211,400 that is payable one year from today. What is the minimum amount you should accept today in exchange for this settlement if you can earn 6.3 percent on your investments?

Answers

If you can make 6.3 percent on the investments, the minimum amount you should take today in exchange for this settlement is $198,871. (Approx).

What is the present value?

The current value of a future sum of money or stream of cash flows, assuming a certain rate of return, is known as present value (PV).

In the given case, there is a need to find out the present value of $211,400.

Computation:

According to the given information,

Present value = $211,400 ×  1/(1 + r)n

Present value =$211,400× 1/1.063

Present value =$211,400× 0.940734

Present value =$198,871(Approx).

Learn more about the present value, refer to:

https://brainly.com/question/17322936

#SPJ1

Tremont Industries reported the following non-GAAP financials: (Values in $000s)2020 Net income 1,365Interest income (60)Interest expense 640Tax expense 637One-time tax (gain) / loss (182)Depreciation & amortization 80EBITDA 2,480Stock based compensation 350Restructuring costs 175(Gains) / Losses on sale (330)Adjusted EBITDA 2,675Had the gains/losses on sale been $350,000 instead of $330,000, which of the following statements is most accurate?a) Adjusted EBITDA would be $2,655,000b) Adjusted EBITDA would be $2,695,000.c) EBITDA would be $2,460,000.d) EBITDA would be $2,500,000.

Answers

The most accurate statement is that the adjusted EBITA is equivalent to $2,655,000.

Option A is the correct answer.

What is meant by EBITA?

EBITA refers to the amount before any adjustment relating to taxes and interest expenses to the operating profit.

Computation of adjusted EBITA:

[tex]\rm\ Adjusted \rm\ EBITA=\rm\ EBITA+ \rm\ Stock \rm\ Compensation + \rm\ Restructuring \rm\ Costs - \rm\ Gain \rm\ or \rm\ Loss \rm\ on \rm\ Sale \\\rm\ Adjusted \rm\ EBITA=\$2,480,000 + \$350,000 + \$ 175,000 - \$350,000\\\rm\ Adjusted \rm\ EBITA=\$2,655,000[/tex]

Therefore, the amount of adjusted EBITA comes out to be $2,655,000.

Learn more about the adjusted EBITA in the related link:

https://brainly.com/question/23916434

#SPJ1

One advantage of having an ATM card is that it can be used to
O make deposits at a bank
O apply for car loans.
O change a person's credit history
O buy stocks

Answers

Answer:

It can be used to buy stocks

Daugherty Company owned a participating interest in an oil and gas business. In a transaction that qualifies as a sale, Daugherty transferred the entire interest to a third party. Daugherty received both cash and a forward commitment from the third party to deliver additional receivables to Daugherty over the course of the next 6 months. The CFO has asked if the forward commitment should be recognized as part of the proceeds of the sale. Which section of the authoritative guidance best outlines the accounting for a transfer of a participating interest in a financial asset that satisfies the conditions for treatment as a sale

Answers

IFRS-9 is the section of the authoritative guidance which best outlines the accounting for a transfer of a participating interest in a financial asset.

What is IFRS-9?

This is a financial instrument which measures and classifies assets, liabilities etc at a fair value.

The transfer of participating interest in a financial asset is done after the conditions for treatment as a sale is satisfied.

Read more about IFRS-9 here https://brainly.com/question/20597979

#SPJ4

As the middle and lower classes reduced income what were their two responses?

Answers

As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.

What is middle class income.

Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.

Therefore, a decline in middle and lower classes reduced income will reduce the household spending.

Learn more on income here,

https://brainly.com/question/25745683

#SPJ1

The fixed costs of WeBuy&Sell, an e-commerce website, make up about 90 percent of the total costs incurred by the company. However, since its primary means of communication is web advertising, WeBuy&Sell has variable costs as low as 10 percent of its total costs. This allows WeBuy&Sell to earn high profits at a very low cost. According to the given scenario, WeBuy&Sell has _____ scalability. a. zero b. low c. infinite d. high

Answers

From the fact that the company is able to earn high profits at a very low cost it can be said to have high  scalability.

What is high scalability?

This has to do with the fact that the business is able to tailor itself to meet up with the increases in its work load.

This is simply from the fat that the business would require lower capitals in their growth.

Read more on high scalability here:

https://brainly.com/question/17661222

#SPJ1

28. Gorman and Morton form a partnership on May 1, 2019. Gorman contributes cash of $50,000; Morton conveys title to the following properties to the partnership: Steele is invited to join the partnership on January 1, 2020. Because of her business reputation and financial expertise, she is given a 40 percent interest for $54,000 cash. The bonus approach is used to record this investment, made directly to the business. The articles of partnership are amended to give Steele a $2,000 compensation allowance per month and an annual cash drawing of $20,000. Remaining profits are now allocated:

Answers

The total allocation of net income for Gorman and Morton will be $9200 and $1800 respectively.

How to calculate the net income?

The total allocation of net income for Gorman will be:

= (1000 × 8) + 1200

= 8000 + 1200

= 9200

The total allocation of net income for Morton will be 1800.

Therefore, the total allocation of net income for Gorman and Morton will be $9200 and $1800 respectively.

Learn more about net income on:

brainly.com/question/15530787

#SPJ4

Which of these is a disadvantage of owning your own business?
A. You set your own rules, hours, and direction of your business.
B. You can work in the field you love best.
C. When your business makes money, you profit the most.
D. When your business loses money, you are responsible for the debt.

Answers

Answer:

D

Explanation:

If you own the business, and you experience a loss, you are responsible for the loss. The other answers are positive advantages

Joe borrowed $100,000 (a four-year loan at 10 percent interest) on January 2, 2020. During the course of the year, he paid back $30,000 on that debt. What would his December 31, 2020 balance sheet show for this debt

Answers

Joe's December 31, 2020 balance sheet would show a Long-term Loan Balance of $70,000.

What is the balance sheet?

The balance sheet is a financial statement that shows the balances of the assets, liabilities, and equity of a person or an entity at a stated date.

The balance sheet follows the accounting equation that equates assets to liabilities and equity.

Data and Calculations:

Loan receipt on Jan. 2, 2020 = $100,000

Repayment during the year = $30,000

Loan balance = $70,000 ($100,000 - $30,000)

Interest Expense = $10,000 ($100,000 x 10%)

Thus, Joe's December 31, 2020 balance sheet would show a Long-term Loan Balance of $70,000.

Learn more about the balance sheet at https://brainly.com/question/24401217

#SPJ1

Brandon is part of a sales team. He effectively coordinates his tasks with others in the team and willingly contributes to their efforts in achieving the team's objectives. Thus, Brandon is in ________ of the Level-5 leadership pyramid.

Answers

Brandon is in level 2 of the Level-5 leadership pyramid.

Level 2 of the Level-5 leadership pyramid.

The concept of Jim Collins’s classification of leaders based on empirical evidence describes the levels of leadership as would expect from employees and how they are different

They include:

Level 1: The Highly Capable IndividualLevel 2: The Contributing Team MemberLevel 3: The Competent ManagerLevel 4: The Effective LeaderLevel 5: The Executive

Brandon is in level 2 or the contributing team member level. This is because he can efficiently work and contribute in a team and contribute to the team's objectives.

Learn more on the Level-5 leadership pyramid here:https://brainly.com/question/13978291

#SPJ1

3. State the underlying condition that a firm applies while hiring workers.​

Answers

Answer:

Minimum wage

Explanation:

Minimum wage can affect the number of workers and wage paid to those workers, dependant on if it is a monopsony or PC firm hiring, the number of workers hired and wage paid will differ.

When asked a difficult question during an interview, _____.

change the subject

put a positive spin on the honest answer

make up a positive story

ignore the question

Answers

Answer: The answer is B.

Put a positive spin on the honest answer.

2. Accrued interest income on notes receivable is calculated using all of the following information except the (A) annual interest rate. (B) principal. (C) term of the note. (D) date of the note.

Answers

Term of the note is not necessary to be used for calculating the accrued interest income on notes receivable.

What is accrued interest?

Accrued interest is that interest rate that has been already incurred on the loan but not paid yet.

In order to, calculate the accrued interest, interest rate has to be multiplied by the notes receivable amount and divide by the 12.

Accrued interest can be in the form of accrued interest revenue or accrued interest expense.

Learn more about the accrued interest here:-

https://brainly.com/question/17236349

#SPJ1

Sam has a great paying job, has no dependents, and owns his own apartment. He wants to take out an appropriate loan to finance the rest of his graduate business degree, which he plans to study for at night, at a cost of $40,000. What type of loan would he consider if he really does not like to carry much, if any, debt

Answers

Sam would collect student loan if he really does not like to carry much, if any, debt.

What is loan?

Loan involves borrowing certain amount of money usually from a lender.

The borrower and lender agree on a payment plan that will ensure the payment of the loan.

Therefore, Sam would collect student loan if he really does not like to carry much, if any, debt.

Learn more on loan below

https://brainly.com/question/20391586

#SPJ4

Company culture is driven by the ability of employees to:.

Answers

Company culture is driven by the ability of employees to interrelate with each other.

What is company culture?

This is the way and manner at which individual in the company behave and interact with each other.

There is cross-cultural interaction to enhance progress in a given task.

Therefore, Company culture is driven by the ability of employees to interrelate with each other.

Learn more about company culture below,

https://brainly.com/question/25066807

#SPJ1

What are the four basic factors that effect workplace safety?

Answers

Answer Tasks, workload and work patterns. Working environment and workplace design. Workplace culture and communication.

Commodity futures contracts can be bought and sold on the open market for which reason?

a. commodity purchase contracts can be renegotiated at a future time in case the commodity isn't available.


b. currency-exchange rates fluctuate, changing the amount of profit that can be made on a particular commodity.


c. futures contracts remain valid even if the original parties to the contract sell the rights.


d. unsold commodities will be bought at fair market value by the federal government.

Answers

Commodity futures contracts can be bought and sold on the open market as C. futures contracts remain valid even if the original parties to the contract sell the rights.

What is an open market?

It should be noted that an open market simply means the market where securities are bought and sold.

In this case, commodity futures contracts can be bought and sold on the open market as futures contracts remain valid even if the original parties to the contract sell the rights.

Learn more about open market on:

brainly.com/question/14256204

#SPJ1

Shelby wants to insert a new row by selecting the insert rows button. where will her new row appear on the datasheet?

Answers

The new row will appear below the row been clicked for the insertion of the rows option.

What does new row means?

In a spreadsheet, this means the addition of a new row to the existing rows on the sheet.

Therefore, the new row will appear below the row been clicked for the insertion of the new rows option and this will allow the user to work on the new inserted row.

Read more about datasheet

brainly.com/question/27759980

#SPJ1

The weak form of the efficient market hypothesis implies that:________ a) No one can achieve abnormal returns using market information. b) Insiders, such as specialists and corporate board members, cannot achieve abnormal returns on average. c) Investors cannot achieve abnormal returns, on average, using technical analysis, after adjusting for transaction costs and taxes. d) All of above.

Answers

I believe it is d. But I’m not sure

The weak form of the efficient market hypothesis implies that All of above and EMH.

Thus, equities always trade at their fair value on exchanges, according to the EMH, making it impossible for investors to buy undervalued equities or sell them for exorbitant prices.

The only way an investor can earn larger returns is by making riskier bets, as it should be impossible to outperform the market as a whole through excellent stock selection or market timing.

Share prices, according to the efficient market hypothesis (EMH) or theory, accurately reflect all available information. According to the EMH, equities trade on exchanges at their fair market value.

EMH proponents contend that investing in a low-cost, passive portfolio is advantageous for investors. EMH critics contend that equities can diverge from fair market values and that it is feasible to outperform the market.

Thus, The weak form of the efficient market hypothesis implies that All of above and EMH.

Learn more about EMH, refer to the link:

https://brainly.com/question/30899845

#SPJ2

Other Questions
PLSSS HELP ASAP!(Will give brainliest) Given that a randomly chosen customer likes cake, what is the probability that the customer also likes pie? two-sevenths two-fifths four-sevenths four-fifths Bison grazing on grasses growing in a meadow represent Group of answer choices a consumer eating a producer. two producers exchanging energy. anaerobic metabolism. a predator eating a consumer. Helppppppp meeeeeee pleaseeeeee Which conclusion best explains the narrator's inability Compound interest earned on a savings account _____. What is the area of a square with sides that each have a length of 1 meter? Which letter represents the position of the object? w x y z 18.5 yd11.7 yd6.3 yd14.3 ydthe surface area Please help me ia m stuggling You are assigned with the task of comparing the United States with Canada. Yourprimary concerns are patriotism, college and career readiness, crime rates, wealth,cultural norms and values. Which social institution would best help you with yourresearch?a- Familyb-Religionc-Educationd- Economics 2.) If z varies inversely as r, and z= 24 when r = 6, find r when z= 12 ANSWER THIS CORRECTLY FOR BRAINLIEST!!!! how does this passage add tension to the play? A population of plants growing in a field is examined over a period of years. The plants have either white or yellow flowers.What best explains the observations?A. White flowers increase the plant's fitness, so the population is under directional selection.B.Yellow flowers increase the plant's fitness, so the population is under directional selection.C.Yellow flowers increase the plant's fitness, so the population is under disruptive selection.D.White flowers increase the plant's fitness, so the population is under disruptive selection. How tall is Merapi in Indonesia?A. 2,698 metersB. 3,000 metersC. 5,201 metersD. 26.2 miles A cylinder has a base diameter of 12 inches and a height of 13 inches. What is its volume in cubic inches, to the nearest tenths place? Identifying the benefits you will receive from reaching your goals what is he inverse of the function f(x) = 1/2x+10? The function h(x) is a translation of the exponential function g(x) = 2(3)x 4. What's h(x) if the translation is a vertical stretch by a factor of 2, a vertical shift upward 9 units, and a horizontal shift to the right 7 units? Question 11 options: A) h(x) = 4(3)x 7 + 9 B) h(x) = 4(3)x 9 + 7 C) h(x) = 4(3)x 7 + 7 D) h(x) = 4(3)x + 7 9