Learning Goal: I’m working on a finance multi-part question and need an explanation and answer to help me learn.
The following assignment must be based off of the ‘Sit Means Sit’ dog training franchise. Which will be owned and operated out of a suburb of Chicago.
Using either current numbers (your business is up and running) or goals for a start-up (your business is not yet in operation), calculate your profitability based on the net return on assets ratio. How profitable are you (or not)? What does your profitability result tell you about your business?
Next, calculate your break-even quantity (BEQ) and break-even dollars (BE$). How do the results of each align to your goals and strategy? Ensure you show your work in some mathematical format (spreadsheet with formulas, Word with formulas, or handwritten and scanned in). What recommendations do you have for your business?
Minimum 2 pages narrative
APA format for narrative