What is the essential parts of a business plan ?
plz help i inevitability this for my hwAnswers: http://ecommerce-times.blogspot.com
do your own homework.
geez, this no child left bringing up the rear is getting out of control. Everyone should be given a destiny to fail and a college training doesn't mean squat if everyone have it.
Think about it, what do you obligation for a bidness to be successful? A PLAN. What are the essential parts of the plan? If you can't sell to someone...if you can't afford to put on the market... if you don't know how to go roughly selling...if you don't know who you are selling to?
Come on, I know it's in your textbook.
The parts that trade name it readable -- engaging -- so that someone truly reads it.
Oh, it also help to use proper grammar, such as similar subjects and verbs -- as in "What ARE the essential parts of a business plan?"
Can I be forced to stay in a contract after a dramatic price increase.?
Answers: Total B.S. tell them you are contacting an attorney, and do just that. You are under no obligation to maintain your contractial obligation under the old contract. They just think they can bluff you! Do not sign the new contract under any circumstances!
Explain how the concept of prudence is applied to valuing stock?
Answers: Prudence in stock valuation is reflected in the fundamental accounting principle of "lower of cost and net realisable value". Inventories are required to be stated at the lower of cost and net realisable value (NRV). [IAS 2.9] That means you are to state your stocks at cost, UNLESS you can only sell them at below cost, in which case you state your stocks at the estimated selling price. If you can sell them at above cost (i.e. at a profit), then you continue to state them at cost.
It means that you are supposed to value it at the price it cost to buy that stock and not display a value that represents how much you are gonna be able to sell it for. This is what is called "being prudent" because you want to be "careful" (the word prudence means cautiousness) about what you write in your accounts coz something might happen that will prevent you from selling the stock such as a fire or something.
This links to the realisation concept - this means that you cannot write down profits until they have been realised. So if you KNOW for a fact your getting 100 pounds tomoro u still cant put it in your accounts coz you havnt got it yet.
The rule for valuing stock at its cost rather than what it will sell for is called SSAP9 in the UK
no one uses the word prudence in real life