Reference no: EM132595592
A feasibility analysis is a chance to open your eyes, ask yourself some very tough questions, then check to see whether your idea, as originally conceived, needs to be modified, refocused, or changed dramatically. (Or perhaps even scrapped altogether.)" (Abrams, as cited in Scarborough & Cornwall, 2015, p. 237).
With this assignment, you will be addressing the fundamental question: Does this business have profit potential?
Referring to the same business you either started or purchased in the first assignment, write a three to four (3-4) page paper in which you:
Conduct a feasibility analysis in which you research:
Industry and Market Feasibility
Product or Service Feasibility
Financial Feasibility
Entrepreneurial Readiness
Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned?
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The banking structure of firm in terms of current investment
: The banking structure of the firm in terms of current and past investments, what industry it is in, and any relevant history or background information.
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Research the marketing methodology
: This assignment will provide you with the opportunity to research the marketing methodology of an existing publicly traded company;
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Prepare journal entries to record the transactions
: June 10 Sold goods on credit to, $5,000, terms 3/10 n/30. Prepare journal entries to record the above transactions assuming uses a perpetual inventory system
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Create a new management report
: A client wants to see a current Profit & Loss report compared to the prior year, Create a new management report template that includes this pre-setup report
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Does this business have profit potential
: Does this business have profit potential? Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned?
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What volume is required to generate a net income
: Sub Stop, selling sandwiches, is located on a busy corner near many other businesses. What volume is required to generate a net income
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How much money was invested in each case
: Find the period in which the amount in each case becomes 52000. How much money was invested in each case?
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What sales volume per month is required to break even
: Rent for the location is $900 per month, and wages amount to $2500 per month. What sales volume per month is required to break even
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Essential features of effective business communication
: Describe the essential features of effective business communication addressed to persons from different cultures.
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