Disadvantages for each business recommended

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Your mother, who is an OFW, is coming home in six months. The last time you spoke to her via online video call, she asked you to suggest three small businesses to invest in. She said that she has allotted P500,000 as capital that would be divided between the three businesses that you will recommend. You scribbled some possible businesses and came up with the following options: Possible Business 1. Barbershop Estimated Initial Capitalization P 180,000 2. Beauty parlor 3. Buy and sell of ready-to-wear clothes 140,000 75,000 4. Carinderia 90,000 5. General merchandise store 150,000 6. Milkshake business 75,000 7. Pizza stand franchise 8. Siomai stand franchise 120,000 9. Small bakery 10. Small grocery store Draft an e-mail for your mother containing the following:

1. The top three recommended businesses that you would recommend to your mother.

2. Give at least three reasons as to why you chose the business you have recommended, which include your opinion on which you think would be most profitable, feel free to quantify your opinion if you wish but this is not necessary.

3. Give at least two disadvantages for each business recommended.

Reference no: EM133306843

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