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How to expand the business and about the potential pitfalls

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Reference no: EM131388614

Business Managerment Assignment

Questions

1. To what extent do you believe they are entrepreneurial? Underpin your answer with theoretical discussion on what makes an entrepreneur. Compare and contrast their behaviour in setting up their own company with relevant theories on entrepreneurial behaviour.

2. As an independent consultant, what advice would you give them about how to expand the business and about the potential pitfalls they might face.

3. While effective planning and control of financial resources is essential for all firms, small firms face more obstacles than larger ones in ensuring this effectiveness. Outline the reasons for this and discuss the ways in which small firms can optimise the use of funding within their business.

4. What issues has GUY WATSON experienced in growing his business? Would any of the theoretical growth models that you are aware of be of any use to him in overcoming these issues?

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Reference no: EM131388614

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