You are starting you your own business; discuss the pros and cons of how you would establish your business. For example, would you incorporate?
Q: Briefly discuss the key challenges that an entrepreneur encounters in setting- up a small business.…
A: Small businesses are small-scale businesses with low investment, few laborers, and a low scale of…
Q: How is the strategic plan of an engineer/scientist entrepreneur likely to be different from that of…
A: Strategic planning is described as a method through which a small or a big business gets a direction…
Q: How to become an entrepreneur?
A: Entrepreneurship is a business style or model where a person sets up his/her own business to make…
Q: Direction: From the following ethical issues in entrepreneurship, pick two (2) which you think are…
A: Entrepreneurs are the individual or even a group who has strong passion into aiming for their dream…
Q: What are the dangers if an entrepreneur starts a business without a business plan?
A: An entrepreneur is a person who comes up with an idea to the public domain and introduce the…
Q: What are the role of your neighbors, friends, family members and the community if you are going to…
A: If we are planning to put up a new business, then with the support from our friends and family…
Q: You and your two business partners own and operate All Night, a 24-hour grocery store chain. It is…
A: A partnership firm is the relation or association of two or more people in order to operate in a…
Q: Can someone be an entrepreneur without owning their own business?
A: An entrepreneur can be depicted as "one who makes another business notwithstanding hazard and…
Q: You are about to finish the business degree in near future. There are different options afterwards,…
A: Business is an activity of making money or one’s living by producing some products or services or…
Q: What are the entrepreneurial characteristics that Paulo and Eric have? Explain why you say so.
A: Long vision - Eric was clear with his goals in life before graduation. He had decided earlier in…
Q: How to incorporate your business?
A: Incorporation is defined as a process of incorporating a business with the registrar of the…
Q: Choose one entrepreneur 1. Find about his/her reasons for going into business 2. What are the Major…
A: Entrepreneurship describes a person who has a business concept as well as plans to implement it,…
Q: "Everyone can become an Entrepreneur" Is this statement true, why?
A: Entrepreneurs - A person who will undertake an opportunity to start a new business by taking the…
Q: Name an entrepreneur that you admire and state his/ her
A: There are number of people whom I admire as an entrepreneur but among them mostly I admire is Elon…
Q: What are the major causes of small-business failure? Do these causes also apply to larger…
A: Small businesses are defined as the privately owned corporations, sole proprietorship and…
Q: When you want to be an entrepreneur, what are the qualities you have to possess to be able to…
A: There are many businesses active in the market, most of the business organizations have gone global…
Q: What problems you may face if you are trying to enter as a small-business owner in a concentrated…
A: Entry barriers refer to the obstacles faced by the new competitors to enter an industry or area of…
Q: Why do some businesses succeed while others fail? List and explain three main reasons why…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: what are the strategies/ways to make your business unique from other car companies? How can you be…
A: Among the foremost difficult tasks for automobile dealers is establishing the credibility of…
Q: DO YOU HAVE THE RIGHT STUFF TO BE AN ENTREPRENEUR? Instructions: Entrepreneurship isn't just about a…
A: All the options given describe your personal satisfaction at work. One has to be honest in answering…
Q: How do you define a successful entrepreneur?
A: What Is an Entrepreneur:- A business visionary is a person who makes another business, bearing the…
Q: What are the most important individual characteristics of an entrepreneur? How important is ethical…
A: Individuals who start, run, and arrange their own businesses are known as entrepreneurs.…
Q: There several myths about entrepreneurs, including: - Entrepreneurs are born, not made. -…
A: In the way of success the people who fail always tries to pull your leg and bring you back to the…
Q: If you were starting a new business venture, what strengths would you be able to leverage to help…
A: As per the Bartleby Honor code we are not supposed to answer more than 1 question at a time. Please…
Q: Discuss FIVE (5) personal characteristics of a successful entrepreneur that will either result in…
A: Entrepreneurs are the individuals who takes risk and with the help of their problem solving skill…
Q: Explain to Salman what the strengths and weaknesses of a family business are. (Mention 3 strengths…
A: Business: A business is an organization entirely made for earning profits or for fulfilling social…
Q: One of the first steps for starting your own business is to decide what type of business you want to…
A: What business form to pursue depends largely upon the nature and type of business we wish to start.…
Q: Q3) After finishing this course how you can apply entrepreneurial process in a logical way allow to…
A: An entrepreneur is an individual who creates a new business, takes a lot of risks and enjoys much of…
Q: 1. If someone buys a business but hires professional managers to run it so they don’t have to be…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 1. You are thinking of establishing a business in the future. What business would you like to put…
A: A business manufactures products for `the purpose of earning revenue. Businesses should work with…
Q: What is the difference between entrepreneurship and an entrepreneur? Briefly expound your answer,…
A: The needs and desires of the customers evolve continuously. Some of the needs and wants of the…
Q: 1. From among the four types of business structures (sole proprietorship, partnership, corporation,…
A: Sole Proprietorship: Sole proprietorship is a business form which is managed and owned by a single…
Q: What does it take to be a successful entrepreneur?
A: Business is an activity of making money or one’s living by producing some products or services or…
Q: . Can someone be an entrepreneur without owning their own business? 2. Can a person be an…
A: An entrepreneur can be depicted as "one who makes another business despite hazard and vulnerability…
Q: What does it mean when we say that an entrepreneur should work on the business, not in it?
A: An entrepreneur is described as an individual takes all sorts of financial risk in creating a…
Q: What are the best ways to grow your business?
A: In this highly competitive business world, sustaining a business is a very difficult task. There are…
Q: you are the proud owner of a new "Small Business Venture" of your choice - located somewhere in the…
A: The business plan is a document that involves all the short-term and long-term plans and its action…
Q: How would you go about incorporating a business?
A: Incorporate Business: Incorporating is very important and every business and special…
Q: 1) a. There is a new University built in your area. Write down six (6) opportunities you can take as…
A: Entrepreneurial opportunities: An entrepreneur is an opportunity-seeker, who always looking for new…
Q: What pros and cons did you learn about one business type (Choose from: Sole Proprietorships,…
A: A sole proprietorship is a business managed by a single-member that’s never incorporated with a…
Q: 1. Does someone need to start a business from scratch to be called an entrepreneur? 2. Can we call…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: exit options from an entrepreneurial business?
A: There are various exit strategies for business one might consider. The factors chosen depend on a…
Q: Types of entrepreneurial challenges? And how can an entrepreneur overcome these challenges?
A: For any entrepreneur it is a challenging task to manage his time between his family and his work and…
Q: Give three (3) reason why crafting a business plan isn't always necessary or needed when you're an…
A: Business plan is a document that elaborates company's main business activities, objectives, and the…
You are starting you your own business; discuss the pros and cons of how you would establish your business. For example, would you incorporate?
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- You have just graduated from the MBA program of a large university, and one of your favorite courses was “Today’s Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” While you were in the master’s program, your grandfather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skill that you can market; however, you have decided that you would like to purchase at least one established franchise in the fast-food area, maybe two(if profitable). The problem is that you have never been one to stay with any project for too long, so you figure that your time frame is 3 years. After 3 years you will go on tosomething else. You have narrowed your selection down to two choices: (1) Franchise L, Lisa’s Soups, Salads, & Stuff, and (2) Franchise S, Sam’s Fabulous Fried Chicken. The net cash flows shown below include the price you would receive for selling the franchise in Year 3 and the forecast…One of the first steps for starting your own business is to decide what type of business you want to start. Take some time to think about this decision. Before proceeding, answer the following questions:• Why did you choose this type of business?• Why do you think this business will be successful?• Would you enjoy owning and operating this type of business?Being an entrepreneur means you are acquiring certain skills and abilities. Briefly describe the meaning of entrepreneur and any 4 different skills an entrepreneur must has to be successful?
- . Why are you considering starting your own business at this time?select a franchise that interests you. Once you have looked at the information provided, please prepare and submit a written report that covers the following: Name of franchise you selected and a brief summary of the business opportunity. Why you selected the franchise you did. What was it about this particular franchise that attracted you to it? Start-up costs. Specify what the owner (“franchisee”) will have to invest, as well as any contributions toward start-up that the franchisor will make. Potential profit or income from the business. Support that the franchisor will provide the owner (“franchisee”), such as training, supplies, materials/equipment, location, building.When you want to be an entrepreneur, what are the qualities you have to possess to be able to distinguished from other businessmen?
- How would you describe yourself as a student that wants to be a entrepreneur?You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.If you will be starting a business based on your own idea, answer this question: In selecting your business idea, were you able to find something you love to do and are good at doing? How did you determine that your idea would fill a need in the marketplace?
- Compare and contrast the advantages and disadvantages of starting a business from the ground up. Be sure to include the different types of businessesGive at least ten common business existing and operating in our local community. Classify them as to form and nature. Then share your findings in class by answering these questions. 1. What is the most common form and nature of entrepreneurial ventures in our community? 2. What do you think are the probable reasons?Assuming that you are going to venture into one of Small & Medium Enterprises (SME)in line with the food industry in your hometown. Discuss 3 (THREE) major externalforces and 3 (THREE) internal forces that you need to consider for your future business.