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The feasibility plan refers to an evaluation and analysis of the potential of a proposed project which is based on extensive investigation and research.
A contingency plan is like a backup plan. It is vital to have one in any business. That way, if the current business plan fails, the owner will have another option.
Preparing a detailed business plan means researching various aspects of your potential business. You will need to determine exactly how you would market to customers and who you would hire for certain positions.
A 401(k) loan provides the opportunity of significant tax advantages. Employer contributions and plan expenses are usually deductible from the business’ earnings. Pre-tax salary contributions and then any earnings are not taxed until withdrawn.
It's important to plan in a business organization because the lack of planning can cause problems that otherwise wouldn't be there. It is wise to plan ahead for personnel, finances and other factors.
to detect and address potential problems
Spending Plan
Describe a time when you anticipated potential problems and developed preventive measures?
Spending Plan
So they can get whatever they want efficiently. To detect and address potential problems. To keep things under control.
Audit planning is a procedure which is used to see and prevent potential problems. This is done at the beginning of an audit process.
Slave trade
slave trade
The potential growth of any company is unlimited. As with any other business you have to have a sound business model, proper funding, and a business plan that has reasonable goals and methods for reaching them.
If you don't plan, you will not be prepared for the event, or any changes to the outcome you might be expecting.
"Relate Uganda's soil types and soil productivity potential to Uganda's plan for potential for modernization of agriculture?"
It mean there could be upcoming problems.