Subject:- finance Of the financial material you have learned so far, which is the most important concept for you to apply in life for personal and businessgrowth.What advice would you give prospective entrepreneurs regarding financial planning?

The most important financial concept to apply in personal and business growth is budgeting.…

Answered: Of the financial material you have…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

Aside from business plan and financial aspect of the business, give one more thing thatneeds to prepare for starting a business. Explain your answer.
Describe at least three items that may be included in a financial plan component of a business plan, and why you believe they are important.
Describe at least three items that may be included in a financial plan component of a business plan, and why you believe they are important. Also, describe the two types of franchising systems, explain how they differ, and give an example of each.
Why is it important to consider an entrepreneur’s personal finances when conducting the firm's short-and long-term financial forecast?
What are the things to consider while writing a business plan to raise external capital?
You plan to open a new business. Before you can approach a potential investor, you will need a strong plan. Describe the purpose and components of a business model and write a one-paragraph business model description for a business of your choice.
WHAT ARE SOME OF THE WAYS YOU COULD MAINTAIN THE INTEREST OF AN INVESTOR WHEN PRESENTING A BUSINESS PLAN?
Objectives financial planning Instructions Explain the key factors in determining the small business profit goal and why those factors are used. If your profit plan does not meet the profit goal, what are at least 5 things you can do to meet the profit goal? How can financial and ratio analysis help you control business results? What are the pros and cons of giving credit to your customers?
Should you write a business plan even if you do not need outside financing? Why or why not?
How does the SaaS business model work? Could you just clarify yourself?
What are the things you found that may be useful to you when you prepare your business plan? What information might help you to prepare your financial projections?
with the aid of practical examples from an identified start up, identify and explain 4 major differrences between a business model and a business plan.

SEE MORE QUESTIONS

Recommended textbooks for you

Principles Of Marketing

Marketing

ISBN:

9780134492513

Author:

Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:

Pearson Higher Education,

Marketing

ISBN:

9781259924040

Author:

Roger A. Kerin, Steven W. Hartley

Publisher:

McGraw-Hill Education

Foundations of Business (MindTap Course List)

Marketing

ISBN:

9781337386920

Author:

William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:

Cengage Learning

Principles Of Marketing

Marketing

ISBN:

9780134492513

Author:

Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:

Pearson Higher Education,

Marketing

ISBN:

9781259924040

Author:

Roger A. Kerin, Steven W. Hartley

Publisher:

McGraw-Hill Education

Foundations of Business (MindTap Course List)

Marketing

ISBN:

9781337386920

Author:

William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:

Cengage Learning

Marketing: An Introduction (13th Edition)

Marketing

ISBN:

9780134149530

Author:

Gary Armstrong, Philip Kotler

Publisher:

PEARSON

MKTG 12:STUDENT ED.-TEXT

Marketing

ISBN:

9781337407595

Author:

Lamb

Publisher:

Cengage

Contemporary Marketing

Marketing

ISBN:

9780357033777

Author:

Louis E. Boone, David L. Kurtz

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

Of the financial material you have learned so far, which is the most important concept for you to apply in life for personal and business growth. What advice would you give prospective entrepreneurs regarding financial planning?