Financing and leasing restaurant management – 10 questions

Please answer these 10 questions I have below. I have attached the whole book, you must get the answers from Chapter 16 Financing and Leasing. Assignment is due 7/22/2017 tomorrow at 5pm eastern time.

 

1.In drawing up a sales budget for a casual Italian restaurant, what percentage

of weekly sales should be forecasted for Friday and Saturday evenings?

2.A casual restaurant with a $1-million sales volume should have how many

full-time equivalent employees?

3.What labor, food, beverage, and occupancy costs should the above restaurant

have? Express your answer as both a percentage of sales and as a dollar

figure.

4.Aside from its value in planning, why is it essential to do a budget forecast

of sales, costs, and profit?

5.Suppose that after forecasting sales and deducting expenses, you are left

with 3 percent operating profit before interest charges and taxes. What would

you do?

6.List, in order of priority, four sources of financing you would approach in

seeking funds for your restaurant.

7.In seeking a construction loan, would you expect to have the entire amount

of the loan given to you in a lump sum? Explain.

8.The procedure in seeking a loan from the Small Business Administration is

fairly elaborate. What is the usual sequence for this process?

9.The recommendation is made to “stockpile your credit.” What does this mean?

10.Is it possible (not probable) to start a restaurant without any cash of your own? Explain.

 

 

 







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10