The five challenges that a new entrepreneur entering the job market could encounter are 1. Creating a Business Concept 2. Managing Cash Flow 3. Hiring Employees 4. Selecting Products to Sell 5. Marketing Techniques & strategies.
Who is an entrepreneur?
An entrepreneur is a person who takes risks of starting a business based on ideas or products he has invented, taking on the most out of the risk and reaping the majority of the gains.
To explain more about the challenges faced by the entrepreneur are as follows:
- Creating a Vision and a Business Concept
- Raising Funds for Your Startup
- Putting Together a Business Team
- Locating a Good Business Location
- Recruiting Good Workers
- Identifying Potential Clients
- Competitor management
- Unpredictable Business Difficulties and Expenses, among many other things
Hence, these are some of the challenges faced by the new entrepreneur.
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brainly.com/question/353543
Well from the looks of it, like 3
No thats a joke, on average Walmart has 20-50 employees on location at once
Given:
<span>initial cost $95,000 to implement over a one-year period and will produce no savings during that year.
the company will save $30,000 during the first year of operation.
For the next four years, the savings will be $20,000 per year.
5 percent discount rate
Year Future Value Factor Present Value
0 (95,000)
1 30,000 (1+0.05)</span>¹ 28,571.43<span>
2 20,000 (1+0.05)</span>² 18,140.59
3 20,000 (1+0.05)³ 17,276.75
4 20,000 (1+0.05)⁴ 16,454.05
5 20,000 (1+0.05)⁵ 15,670.52
Net Present Value 1,113.34
Present Value = Future Value / Factor
The NPV of the system is 1,113.34
Answer:
Given the revised useful life, Beerbo expects the useful life of the patent to expire on December 31, 2024 .
Book Value at the end of 2019 / beginning of 2020 = $666,667
Explanation:
In the Books Of Beerbo
Given
Cost of Patent= $ 1000,000
Useful Life = 10 years
In early 2020, Beerbo determined that the economic benefits of the patent would not last longer than 4 more years.
So the useful life of the patent will expire on December 31,<u>2024.</u>
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<u>As </u>Beerbo estimated the useful life of the patent to be 6 years instead of 10 years so amortizing the patent accordingly would given
Amortization for 1 year = Cost/ Useful life= $ 1000,000/6= $ 166666.67
Amortization for 2 years=$ 166666.67*2= $ 333,333
Book Value at the end of 2019 / beginning of 2020= Cost - Amortization= $ 1000,000-$ 333,333= $666,667
