finwk4

 The Short Term" Please respond to the following:
 

• Assess  two to three (2-3) clues that may indicate an entrepreneur is  potentially insolvent or approaching insolvency. Then, indicate how the  entrepreneur may recover. 
• Imagine your business venture from  Assignment 1 is experiencing a cash crisis. Determine three to four  (3-4) tactics your business could take immediately to conserve cash.  Then, indicate the expected impact of each tactic. Be specific when  describing your tactics.

 "The Long Term" Please respond to the following:
 

• Indicate  where you can look for information to assist you in estimating the  overall market demand for your business venture from Assignment 1. Then,  discuss how this information may direct the business decisions made by  the owner. 
• Using market share percentage of industry sales,  estimate the sales you may expect in the first year for your business  venture from Assignment 1. Then, determine if it is sufficient to  support your business venture. Provide a rationale with your response.