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THIS paper has two Requirements and its very important if you can’t do than do no waste the time because this paper cannot be redo and cannot be re send to no matter what. SEE THE PAPER BELOW TO FINISH THE PROJECT
Remember, the information you gather in this assignment will contribute to your final project.
You are now ready to add administrative costs to your budget. Please discuss the types of administrative costs that will be required for your business.
- Will you need to rent a building, or will your business be home-based?
- Will you need to advertise?
- Will you require electricity and other utilities?
- Will you need a manager to oversee the business?
Think about any administrative costs that will be required to get the business started and to operate over the first year. Add these costs to your spreadsheet in the next category called selling and administrative expenses. Once you have added these costs, you are ready to calculate your projected net income for each month and for the year. Add that as the final amount on your spreadsheet. Include your table as an attachment to your initial discussion response.
Be sure to cite any sources using APA style
- Discuss what a balanced scorecard is and how it might benefit your company.
- Identify and discuss the types of information that would be included in a balanced scorecard that would not be readily apparent on your financial statements.
- How could you use the information from the balanced scorecard to improve operations and increase your division’s profitability? Provide at least three specific examples.
Be sure to cite any sources using APA style.