Reference no: EM132681766
Too often, entrepreneurs brimming with optimism and enthusiasm launch businesses destined for failure because their founders never stop to define a workable strategy that sets them apart from their competition." (Scarborough & Cornwall, 2015, p. 106).
With this assignment, you have the opportunity to take your creative ideas to the next step and begin to develop a strategy that will form the foundation for a successful business.
Develop an idea for a prospective small business, and select a name for the company.
Identify its key competitors and summarize the strengths and weaknesses of one of the competitors.
Prepare a mission statement that encompasses the purpose of the business and considers its target market.
Identify the ownership form for this business, taking into consideration tax implications, liability exposure, managerial ability, and cost of formation.
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Leadership strategy and tactics
: Summarize the leadership book (Leadership Strategy and Tactics)for this course.
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Discuss audit procedures that should have brought the item
: For each of the above events or transactions, discuss audit procedures that should have brought the item to the auditor's attention
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Business decisions
: Identify a type of business you would like to own. Next, evaluate two advantages and two disadvantages of buying an existing business compared
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Make a statement of changes in equity for the year ended
: Retained earnings, January 1, 2020 $214,700. Make a statement of changes in equity for the year ended December 31, 2020. The company follows IFRS
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Develop idea for prospective small business
: Develop an idea for a prospective small business, and select a name for the company.
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Explain little law in your own words
: Explain Little's Law in your own words. How can it be used, and what are its limitations?
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Prepare general journal entries for the balance
: Prepare General journal entries for the following balance day adjustments - Rent received for period 1/4/2018 to 31/07/2018 $44,000
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Create solutions to address the healthcare
: Berkshire Hathaway, and JPMorgan Chase announced their partnership to create solutions to address the healthcare needs of their US employees.
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Pass the necessary entries on June
: The group measures its property plants and equipment using a costs model. Tax rate is 30 percent. Pass the necessary entries on June
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