Reference no: EM131132420

Instructions:-

Save the file in your Eship folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson.

Type the answers to the assignment's questions.

Assignment: Ideas and Opportunities

you learned about recognizing business opportunities and finding business ideas. Now you'll start developing an idea for your own company.

1. Describe 3 trends that you've noticed, and explain how each one might generate a small business opportunity. (3-6 sentences)

2. Make a list of at least 5 business ideas that interest you.

3. Explain which business idea from question 2 above you think is the best opportunity for you. Give at least 3 reasons why this opportunity is the best.

4. Will this business participate in the global marketplace? Why or why not? (2-4 sentences.)

5. Describe what sorts of competitors this business is likely to face. (3-6 sentences.)

6. Go to the SBA Web site (sba.gov) and find the section of the site for Small Business Planning. Find at least 2 tools or pieces of information that would be helpful for starting a business. Read about them, and then describe them here. (2-6 sentences.)