Reference no: EM133034500

Purpose: Conduct a research study about TWO small business owners (with 25 or fewer employees). The purpose of the study is to learn about the start and ongoing management of a small business. Students learn about the major challenges small business owners confront and the solutions used to deal with these challenges.

1. What is the purpose of this report? What makes this an important study? (This is section 1)

2. Identify and describe the most important issues (top five) the owners needed to deal with in starting the business.
(This is section two)

3. Identify and describe the five most important issues the owners need to deal with daily. (This is section three)

4. Identify and describe the major long term (over one year) challenges the owners confront. What makes these challenges a challenge? (This is section four)

5. Identify and describe the top three challenges the owner confronts daily. What solutions does the owner use to
resolve these challenges? (This is section five)

6. Identify and describe the ways (at least two) the business owner plans. (This is section six)

7. Identify and explain the top two reasons for starting the business. (This is section seven)

8. If someone asked the owners for advice in starting a business, identify and describe the two most important suggestions. Explain. (This is section eight)

9. What are your conclusions? (Two needed) (This is section 9)