Explore business ideas for one that best suits your interest

Assignment Help Business Management
Reference no: EM131350205

Intro to Buisness

Surveys have consistently shown 60% of Americans would like to start their own business, but not nearly as many act on this desire. If a person is serious about pursuing this notion, one of the first things he or she should do is think critically about what business to pursue. The next step involves doing some research about the business services and products, and then it's a matter of putting those initial thoughts in writing.

Becoming a famous and wealthy entrepreneur like the founder of Facebook or Apple may not be at the top of your list, but for the purpose of your class project, let's say that it is. You will have to decide what business you want to go into, where you want to do business, how you intend to make money, then put that basic information into a research paper suitable for business planning purposes.

Your assignment:

Write 500-750 words that reflects your thoughts about a specific business in which you have an interest in starting. If you don't have any particular business in mind, you may do an internet search to explore business ideas for one that best suits your interests. One such site is https://www.entrepreneur.com/startingabusiness/index.html, but an expanded internet search can reveal a number of similar sites.

Your report should include:

• The purpose of the business in terms of the product or service you intend to provide through your business

• Your belief(s) about why this product or service would be profitable for a business

• At least two major obstacles that would get in the way of launching this business

• Other people, companies, or organizations, which have been successful with this, or a similar, product or service?

• Resources for additional information or help with your idea (people, websites, agencies, actual business contacts, trade associations, etc.).

Reference no: EM131350205

Questions Cloud

Produces a commercial product : XYZ Corporation produces a commercial product that is in great demand by consumers on a national basis. Unfortunately, near the plant where it is produced there is a large population of dove-tail turtles who are adversely affected by contaminants ..
Find the area between each curve : Refer to Exercise 13 of Lesson 15-2. Use the marginal cost function to approximate the cost for the company to produce one more widget when the production level is 20 widgets.
Mentor to personal growth within career : How important is a mentor to personal growth within your career? How do you find a mentor? Does that person need to work inside the organization with you? Or work outside and be an objective third party?
What is your personal adult educational philosophy : Using your knowledge of the various lines of philosophical thought within the adult education literature, and engaging in critical self-reflection, develop a clearly articulated statement of your educational philosophy as it pertains to the practi..
Explore business ideas for one that best suits your interest : If you don't have any particular business in mind, you may do an internet search to explore business ideas for one that best suits your interests.
Choose an ethical issue to write about : Choose an ethical issue to write about. You may choose from the list below or, with approval from the instructor, select a different socially-relevant topic. It is recommended that you choose a topic that you are familiar with or that you have som..
How much material is required for the patch : Sewing A patch in the shape of the region shown at the right is to be sewn onto a flag. If each unit in the coordinate system represents one foot, how much material is required for the patch?
What volume indicates site a is optimal : For what values of volume, V, of production, if any, is site C a recommended site - What volume indicates site A is optimal?
Find how far the ball would fall in the first six seconds : Refer to the graph at the right. Would the ball hit the ground within ten seconds of being dropped? Explain your reasoning.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd