1. Inc. magazine claims, "Entrepreneurship is more mundane than it's sometimes portrayed . . . you don't need to be a person of mythical proportions to be very, very successful in building a company." Do you agree? Explain. 2. Why is strategic planning important to a small company? 3. What factors should an entrepreneur ...continues
Setting up the Business layout
Mike and Earl Moore, owners of College Men's Unlimited, have just signed a five-year lease in the new College Town Mall. The new mall is ideally located for their business—a short walk from campus and only two blocks from downtown. The far side of the mall is bounded by the most prestigious homes in the city. It will be opening ...continues
A Business Plan for Precision Auto Detailing
Chad Frank and Kyle Carson, both in their 20s, worked for one of the largest package delivery services in the world, but their jobs on the package-sorting line were just that—jobs. Chad and Kyle wanted more from their work than their current jobs could offer. That’s what led them to buy a local auto detailing business, Precision ...continues
Entrepreneurship: developing a business plan and dealing with key stakeholders.
Chad Frank and Kyle Carson, both in their 20s, worked for one of the largest package delivery services in the world, but their jobs on the package-sorting line were just that—jobs. Chad and Kyle wanted more from their work than their current jobs could offer. That’s what led them to buy a local auto detailing business, Precision ...continues
Busienss Ratio Analysis and Qualifcations for a Bank Loan
"Who can figure bankers?" Pehr Weisengraf mumbled as he returned to the office of his small candy manufacturing business, Professional Confectioners. "They're willing to lend money only to those business owners who don't really need it. If you can prove you don't need it, they’ll throw it at your feet. Unfortunately, we need it, ...continues
Both Rhonda and Andy have joined your small business owners group and are recounting their troubles with acquiring their finances. This leads to a discussion on the following: Why is it so difficult for most small business owners to raise the capital needed to start, operate, or expand their ventures? How can a firm empl ...continues
A Business Plan for Precision Auto Detailing
Business Plan for Precision Auto Detailing Chad Frank and Kyle Carson, both in their 20s, worked for one of the largest package delivery services in the world, but their jobs on the package-sorting line were just that—jobs. Chad and Kyle wanted more from their work than their current jobs could offer. That’s what led them to ...continues
Visit the U.S. State Department Web site at http://www.state.gov/r/pa/ei/bgn/ (scroll down to the "geographic regions") and select a region of the world that interests you. Select three countries from this region and read the material provided on that country. Select the country that you believe would be most conducive to a sm ...continues
What advice would you offer an entrepreneur interested in launching a global business effort? Explain the statement "For each benefit gained by regulation, there is a cost."
Medical Coverage and Costs after Car Accident
Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show him where, in his auto policy, each of his losses might be covered. The explanation of coverage and the location of coverage should b ...continues
