Explain the rationale for the strategy in detail

Assignment Help Business Management

Reference no: EM131145696

Select a small business that you visit often (e.g., coffee shop, bookstore, sporting goods store, etc.). Write a 6-8 page paper in which you:

1. Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.

2. Determine if it would make more sense to open the new business you describe or to purchase the existing business you selected. Explain your reasoning.

3. Discuss the most appropriate form of ownership for your new business (assuming your current financial situation).

4. Outline a business plan for your business. Visit https://www.sba.gov for tools and templates.

5. Include at least two (2) references outside the textbook.

Reference no: EM131145696

Questions Cloud

What factors would lead to designation in either category : Describe what factors would lead to designation in either category and explain how this relationship influences economic interaction and political relations at the supranational level. In other words, does the European Union treat countries of the..

Calculate the equilibrium price and quantity : Determine the equilibrium price and quantity. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.

Identify by number the accounting assumption : Identify by number the accounting assumption, principle, or constraint that describes each situation below. Do not use a number more than once.

Can the nominal interest rate ever be negative : Can the real interest rate ever be negative? Under what circumstances can it be negative? If so, why not just hold cash instead of bonds?

Explain the rationale for the strategy in detail : Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail

How tosca exploits these ideas within the opera : ESSAY: Link Government censorship, nationalistic music and Romantic Period music stars with the popularity and influence of opera, and how " Tosca" exploits these ideas within the opera.

Identify when revenue should be recognized : In August, you order a sweater from Sears using its online catalog. The sweater arrives in September, and you charge it to your Sears credit card. You receive and pay the Sears bill in October.

What is the present value of the consol : This formula gives the price of a consol-a bond paying a fixed nominal payment each year, forever. It is also a good approximation for the present discounted value of a stream of constant payments over long but not infinite periods, as long as i i..

Natraj company shows the following account balances : After closing revenues and expense, Natraj Company shows the following account balances.

User Account

All Pages