Assume a start-up business has forecasted that expenses will exceed revenues during the first year of operation. Which of the following actions can owners/managers enact to improve operating results?

Question

Quizplus · Accepted Answer

All of the above actions can potentially improve operating results by either increasing revenue or decreasing costs. Increasing prices and extending operating hours can boost sales, while reducing variable and fixed costs can lower expenses.

Assume a Start-Up Business Has Forecasted That Expenses Will Exceed