Being An Entrepreneur

Business Plan – Part 2

Complete the following components of your business plan using the same idea you identified in your Business Plan – Part 1.

Implementation strategy
Description of your management team.
Your financial projections

Read the following early in the module to help you complete your assignments:

Chapters 13-14 in your text.

NOTE FOR WRITER: Please note the text book used is Entrepreneurship: Successfully Launching New Ventures, 6th Edition – Author Bruce R. Barringer, R Duane Ireland

Business Plan – Part 1

Complete the following components of your business plan.

Specify your business idea
Describe the company structure
Conduct a market analysis and include your findings as it relates to your business idea’s viability.

Read the following early in the module to help you complete your assignments:

Chapters 7-8 in your text.

NOTE FOR WRITER: Please note the text book used is Entrepreneurship: Successfully Launching New Ventures, 6th Edition – Author Bruce R. Barringer, R Duane Ireland

[ad_1]

1. What is a founders’ agreement? Describe the purpose of a buyback clause and why it’s important.

2. Discuss three main reasons people decide to become entrepreneurs and four main characteristics of successful entrepreneurs.

3. Explain what a feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis.

4. Explain what an industry/market feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis.

[ad_2]

Source link

Being An Entrepreneur

Business Plan – Part 1

Being an entrepreneur