Latest Questions & Answers

Q: Cash flow is more important than profit for a small business.

Cash flow is more important than profit for a small business. Why? If your income statement shows a profit at the end of the month, how can anything be more important?

See Answer

Q: Cash flow is described as the lifeblood of a business. How

Cash flow is described as the lifeblood of a business. How would you explain this description to someone who does not understand business finance?

See Answer

Q: Define the term “leverage” as it applies to accounting.

Define the term “leverage” as it applies to accounting.

See Answer

Q: Why is franchising important in today’s economy?

Why is franchising important in today’s economy?

See Answer

Q: Why would you prefer to buy a franchise rather than start a

Why would you prefer to buy a franchise rather than start a new business or buy an existing business?

See Answer

Q: You are an investor in small businesses, and you have three

You are an investor in small businesses, and you have three business plans on your desk. Which of the following potential business owners do you think would be the best bet for an investment (if you c...

See Answer

Q: Talk to the owner of a small business. Did he or

Talk to the owner of a small business. Did he or she write a business plan? A strategic plan? If he or she received any assistance, where did it come from?

See Answer

Q: What are the differences between hard and soft issues during a job

What are the differences between hard and soft issues during a job orientation? Is one more important than the other?

See Answer

Q: Hiring an employee is a big step for a small business.

Hiring an employee is a big step for a small business. How can you make a wise hiring decision if so many limitations are put on the interview questions you can legally ask?

See Answer

Q: How is the use of temporary employees different from employee leasing?

How is the use of temporary employees different from employee leasing? What are the advantages and disadvantages of each?

See Answer