Monday, February 14, 2011

Questions

Land
  1. What different overhead costs must the business pay for each month, just to keep the doors open?
  2. Does your business pay property taxes?
  3. What resources go into your businesses products? How does the cost of these resources effect your products?
Labor
  1. How many employees does the business employ and what jobs do they do?
  2. What are the business's average monthly payroll expenses? How much of that is taxes?
  3. Does your company take advantage of mechanization to reduce labor costs?
Capital
  1. Is the business a corporation (Inc., LLC) or a franchise of a larger corporation? How does this structure impact how the business is run?
  2. What types of investments has the business made in their company in recent years?
  3. If the business were looking to expand, where would the capital needed most likely come from?
Economic Basics
  1. How do the laws of supply and demand effect your business?
  2. Explain the impact of competition on your business.
  3. How does government most significantly impact your business? Any regulations.

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