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BUS 152 Entrepreneurship and Small Business Assignment Solutions
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Assignment Details:-
- Course Code: BUS 152
- Course Title: Entrepreneurship and Small Business Management
- Referencing Styles: APA
- Words: 1250
- University: North Island College
- Country: CA
Assignment Task:-
Part 2: Your decision to organize from scratch, to buy, or to a franchise, chapter 4-6 (12%) Now that you have analyzed your target market, yourself, as well as your business opportunity, you need to analyze the following issues of your business plan: Make initial plans for your business on its location, physical facilities, personnel, and ownership. You will expand on these initial ideas as we move further into our course, but these initial plans are great guidance for your whole business plan. Appendix 4A and 4B provide very meaningful information on the above topics. Do you start your business from scratch, or are your purchasing or franchising this business? Analyze the advantages and disadvantages of organizing your own, purchasing, and franchising. Explain why you decided to organize your own, to purchase, or to franchise. What is your plan for your business financing? What is the amount of funds needed (start-up costs, operating costs, owner’s net worth)? What type of financing is your looking at (equity financing, bootstrap financing, or debt financing)? Cases for part 2 (page 243-249) could provide some insights for this assignment.