Management accounting of entreprenues
Please write a detailed descripation and an excel form for each based on the document I uploaded.
Only needs to do Phase 3
1. An Executive Summary for the entire project and a Table of Contents
4. Major external threats to your business (these are EXTERNAL to the business and are not within your control – for example, Covid was an external threat).-Lyan
a. You will need to identify three external threats that may affect your business. You cannot choose Covid, competition moving in, or the economy. Explain in detail the potential impact this threat may have on your business.
b. Create a detailed contingency plan for your business based on ONE identified threat in order to reduce the negative impact on profits; your plan should be specific, realistic and detailed. Think SMART (Specific, measurable, attainable, relevant and time based).
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