Failure

Failure - covering our variable cost. At the 6 month point...

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As with any venture there is the possibility of failure. It is important going into a new business to have a set plan to measure your success by. We will plan on evaluating our business first at the 1 month, 3 month, 6 month and then every 6 months there following. At the 1 month mark we will try to be sure that we are operating within atleast 70% of covering variable cost. At the 3 month mark we will be sure that we are at least
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Unformatted text preview: covering our variable cost. At the 6 month point we will insure that we are covering our total cost. We will evaluate every period there after to ensure that we are covering out total cost, being sure to include opportunity cost. If at any point we are not meeting these goals we will evaluate the situation more thoroughly before reaching a final decision....
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This document was uploaded on 11/04/2011 for the course BUSI 500 at UNC.

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