Reference no: EM133422703
Question: Entrepreneurialism is one of the fastest-growing sectors in busi-ness. Many people are opening their own businesses. What does it take to open your own business?
Before you can write an effective business plan and seek financing from a bank, you must research the project.
Choose a new business venture, selling a product or service of your choice. What would it cost to open this business? What would be your best location, or should your business be online? What certifications or licensing is needed? How many personnel would you need? What equipment is necessary? Who would be your clientele?
Based on research, write proposal appropriate for presentation to a bank. In this proposal, present your business plan for a new e trepreneurial opportunity.
then prepare one-page business proposal for your bank which consolidates your research.
• What would it cost to open this business?
• What would be your best location, or should your business be online?
• What certifications or licensing is needed?
• How many personnel would you need?
• What equipment is necessary?
• Who would be your clientele?