Explore BrainMass

Explore BrainMass

    Business Establishment: Entrepreneur

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    As an entrepreneur, what should be my main objective or focus in terms of forecasting in opening a restaurant?

    © BrainMass Inc. brainmass.com June 4, 2020, 4:27 am ad1c9bdddf
    https://brainmass.com/business/entrepreneurial-issues/forecasting-opening-restaurant-entrpreneur-562604

    Solution Preview

    As an entrepreneur, the main objective in terms of forecasting is to try and estimate profitability levels as accurately as possible for the restaurant. The entrepreneur should prepare a comprehensive forecast based on industry data and trends that also considers current economic conditions. The entrepreneur's additional objective in ...

    Solution Summary

    This solution explains the main objective or focus when preparing a forecast for the opening of a restaurant. The reasons for the main objective selected are also thoroughly explained.

    $2.19

    ADVERTISEMENT