Financial planning process for new ventures
Question: Analyze the financial planning process for new ventures and speculate about which steps are the most difficult for new entrepreneurs to implement. State why they are the most difficult.
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A company contracts with a marketing firm to construct software and create a business website
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A foreclosure case saw creditors going after the business's real estate. The business was a diner. However, the diner itself was a prefabricated building.
Analyze the financial planning process for new ventures and speculate about which steps are the most difficult for new entrepreneurs to implement.
Did the contract fall under the UCC? Were the items-software, web hosting, website maintenance-goods under the UCC?
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Why is the process of assessing project feasibility so important? What are the various methods for assessing project feasibility?
Consider the status of being a merchant under the UCC. Should the UCC differentiate between merchants and nonmerchants?
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