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You and a friend want to open new pet grooming and pet services shop. Once established, you intend to open a second store in a larger town 20 miles away. If store number two is a success, you plan to start franchising your company.
-Besides calculating the amount of funds that your business needs for a specified period of time,your financial plan should include a(n) _____.
Demographic Trends
Changes and patterns in the composition of a population over time, including age, race, employment, and education levels.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness.
Ethnic Diversity
The inclusion of individuals from a variety of ethnic and cultural backgrounds within a group or organization, enriching its social fabric.
African American
A term used to refer to citizens or residents of the United States who have total or partial ancestry from any of the black racial groups of Africa.
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