Topic: Entrepreneurship: Creating a Business Opportunity An investor has offered you 1 million dollars to set up your own business venture. In order to secure the 1 million dollars for your business, you are asked to submit a business feasibility report to demonstrate how the proposed venture will be developed and how financially attractive the […]
Identify potential methods of growth for the venture. Prepare a checklist of your own business methods for controlling costs, followed by a description of the methods you will use.
Controlling Costs and Expenses Objectives Identify sources of potential cost overruns. Identify potential methods of growth for the venture. Description Every new venture encounters unforeseen events, obstacles, and costs that must be overcome. As the business begins to establish itself, it is tempting to increase spending at a rate faster than the business plan has […]