If You Were to Create a List of Potential Customers

question 138

Short Answer

If you were to create a list of potential customers for your sales team to contact, you would be undertaking _____.

Recognize the importance of professional assistance and resources available for business plan development.

Understand the process of financial projections and their comparison to industry averages.

Understand the importance and components of a business plan.

Identify strategies for setting competitive prices and targeting the appropriate market.

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Definitions:

Monthly Interest Rate

The interest rate applicable to an investment or loan on a monthly basis.

Net 30 Policy

A credit term indicating that payment is due in full 30 days after the invoice date.

Break-Even Level Of Sales

The amount of revenue from sales that is exactly sufficient to cover both fixed and variable costs, resulting in zero net profit or loss.