For pitches in front of investors, or application to incubators, or pitch competitions, what questions should you expect to be asked about your financial status?
What will be an ideal response?
Financial Questions:
• How did you calculate your market size?
• What are the assumptions behind your revenue projections?
• Are your numbers comparable to those of your competitors?
• What happens if you don’t achieve your projected revenue?
• If I invest, what exactly are you going to do with the cash, and what impact will it have on your business?
• What is the typical cycle between making initial customer contact and closing the sale?
• How much does it cost to acquire one customer?
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Indicate whether the statement is true or false
The first step in achieving strategic fit between competitive and supply chain strategies is to
A) understand the supply chain and map it on the responsiveness spectrum. B) understand customers and supply chain uncertainty. C) match supply chain responsiveness with the implied uncertainty of demand. D) ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness.
Fact Pattern 24-1BDominion Sales Ltd. in Canada and Eagle Buying Company in the United States enter a contract for a sale of forestry products. Dominion draws a draft unconditionally ordering Great Federal Bank, Eagle's bank, to pay $60,000 to Dominion's order in sixty days. Eagle signs and dates the draft.Refer to Fact Pattern 24-1B. This instrument is
A. a banker's acceptance. B. a nonnegotiable instrument. C. a promissory note. D. a trade acceptance.
Which of the following best describes the dissolution of a partnership?? A) ?It is paying all the outstanding obligations of the partnership
B) ?It is the re-distribution of capital among the partners. C) ?It is the change in the relation of the partners by eliminating one. D) ?It is a change in the relation of the partners by adding one.