Kareece Is Planning to Open a Salon and Wants to Make

Multiple Choice

Kareece is planning to open a salon and wants to make sure she manages the company costs and cash well to increase its profitability.What should Kareece first do during this stage of the company's development?

A) calculate the costs of salon equipment and supplies
B) talk to friends and family about loaning her start-up capital
C) calculate how much she can invest into the business
D) prepare financial forecasts for the salon