Question

Prior to opening her new restaurant, Nia is determining what items to offer on the menu, the anticipated profits and expenses, the tasks of various employees, and how those jobs will be handled. Nia is writing her ________.

Answer 1

Nia is writing her business plan. Business plan is very essential to come up with a good business model, it is where you layout what are the products you want to sell, how much will you spend for it or the expenditures necessary and how much will you gain from it. It is also essential to know how many employees you have to hire to keep the business running and be familiar with their corresponding duries and responsibilities. These are all necessary when putting up a business just like what Nia wants to do and that is to put up a restaurant.