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Select a small business that you visit often (e.g., coffee shop, bookstore, sporting goods store, etc.). Write a 6-8 page paper in which you:
Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.
Determine if it would make more sense to open the new business you describe or to purchase the existing business you selected. Explain your reasoning.
Discuss the most appropriate form of ownership for your new business (assuming your current financial situation).
Outline a business plan for your business. Visit https://www.sba.gov for tools and templates.
Include at least two (2) references outside the textbook.
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From your knowledge of restaurants and from the case itself, identify how each of the 10 decisions of operations management is applied at Hard Rock Cafe.
Describe the kinds of challenges that are likely to occur during international business negotiations. If you were setting up an international negotiation team for your company
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