Description
Every new venture encounters unforeseen events, obstacles, and costs that must be overcome. As the business begins to establish itself, it is tempting to increase spending at a rate faster than the business plan has foreseen. It is critical that the entrepreneur have a process in place to control ballooning costs.
Instructions
Review Chapters 13 and 14 in the text and the other required content.
Read: Start Up Donut. (n.d.). Controlling costs – Checklist.
http://www.startupdonut.co.uk/financing-a-business/cash-flow/controlling-costs-checklist
Prepare a checklist of your own business (Fast food restaurant and its business is yet to be established) methods for controlling costs, followed by a description of the methods you will use. Your resulting paper should be 3 double-spaced pages in length, not including a title page or references..
Review the rubric for this assignment.