Kareece Is Planning to Open a Salon and Wants to Make

question 56

Multiple Choice

Kareece is planning to open a salon and wants to make sure she manages the company costs and cash well to increase its profitability.What should Kareece first do during this stage of the company's development?

• A) calculate the costs of salon equipment and supplies
• B) talk to friends and family about loaning her start-up capital
• C) calculate how much she can invest into the business
• D) prepare financial forecasts for the salon

---

Definitions:

Unsolicited Proposal

A proposal offered or submitted without a direct request, often aiming to pitch new ideas or solutions to potential clients or organizations.

Formal Report

A detailed document that presents information based on thorough research and analysis, often structured with specific sections like abstract, introduction, methodology, results, and conclusions.

Green Audit

An environmental evaluation process that measures an organization's practices and policies against sustainable and eco-friendly standards.

Expanded Letter Format

A detailed formal letter structure that includes conventional parts in extended form for clarity and thoroughness.