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MLA
Subject:
Business & Marketing
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Essay
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English (U.S.)
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Discussion: Business Expansion

Essay Instructions:

Watch the video and answer the following question.
1.When considering expanding operations, what are some of the factors that would be considered by Tom and Eddie’s?
2.According to Tom and Eddie’s CFO, “cash flow” is more important than the first year’s profits. Why?
3.What is meant by the term “front of the house”?
4.Why, according to the video, was bank financing unavailable for Tom and Eddie’s start-up?
5.Why does a finance manager need to understand accounting information if the firm has a trained accountant on its staff?
I expect students to reference the concepts in the chapter 18.
e-textbook: https://bookfortoday(dot)com/all/william-nickels-understanding-business-12th-edition/
and click Understanding Busineess.pdf

Essay Sample Content Preview:
Student’s Name
Instructor’s Name
Course
Date
Business Discuss
Question 1
When Tom and Eddie's is considering expansion, they can access capital through borrowing. However, it is difficult to get loans when the business is still small. However, the owners established a partnership with others in order to raise capital. Moreover, there is a need to consider the flow of customers when selecting a location. There is a need to consider the population of a locality and ensure that the business will get sufficient customers when they purchase the space. Every space must be
Question 2
For small businesses, cash flow is usually essential when compared to profits. This is because the company needs to pay the workers, pay taxes, and ensure that all liabilities are serviced on time. All the utilities and commodities that are required for the production of burgers is also e...
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