Discuss the most appropriate form of ownership

Assignment Help Business Management
Reference no: EM131261438

Assignment

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:

1. 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.

2. 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.

3. Discuss the most appropriate form of ownership for your new business (assuming your current financial situation).

4. Outline a business plan for your business. Visit https://www.sba.gov for tools and templates.

5. Include at least two references,

Reference no: EM131261438

Questions Cloud

How the organization seeks to gain a competitive advantage : Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.
Analyze the theoretical aspects of research methods : Analyze the theoretical aspects of research methods to include the importance of conducting effective research leading to good decision making and analysis of the process associated with putting together a research study.
Determine the companys resources and capabilities : Determine the company's resources, capabilities, and core competencies. With the same two forces in mind, predict what the company might do to improve its ability to address these forces in the near future.
How might you use teamwork skills in your job : Identify and describe the stages of team development. How might stronger team skills benefit you? How might you use teamwork skills in your job? Provide specific examples.
Discuss the most appropriate form of ownership : Discuss the most appropriate form of ownership for your new business. Determine if it would make more sense to open the new business you describe or to purchase the existing business you selected.
Which variable is not a component of break-even analysis : Which variable is not a component of break-even analysis? A business owner is trying to decide whether to buy, rent, or lease office space and has constructed the following payoff table based on whether business is brisk or slow.
Review typical workflow processes within health organization : Review the typical workflow processes within health organizations, and decide the single most significant process that the health organization must eliminate in order to improve the service.
Which is the main focus of a sales driven organization : Which of the following is the main focus of a sales driven organization? Which of the following observations is true about the market driven approach to marketplace?
Evaluate five functions of human resource management : Evaluate three to five functions of human resource management in terms of their level of support to the health care field, and then select which one you believe is the primary function in furthering the health care field.

Reviews

Write a Review

Business Management Questions & Answers

  Question regarding the leadership style

In this unit, you will explore opposing leadership styles found in managers. Likewise, you will explore your leadership style and how you can use your unique skills to effectively manage a healthcare environment.

  Effective leadership review literature relevant to

effective leadership review literature relevant to leadership qualities and the methods implemented to achieve

  Price of gasoline increases

Consider the market for SUVs. If the price of gasoline increases by 150 percent we would expect the equilibrium price of SUVs to _____ and the equilibrium quantity to _____.

  Implementation and communication of a strategic plan

1)      Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?

  Plans impacting organizational changelocate and review two

plans impacting organizational changelocate and review two scholarly resources to discuss ways in which planning

  Economic costsdescribe what does healthcare hospital

economic costsdescribe what does healthcare hospital organization produce it can be a good or service? what are the

  Global alliance

What are the challenges in implementing a global alliance? Once an alliance is reached, what steps are involved in strategic implementation of the venture?

  Wonderlic consultant recommended the particular passing

Given that the Wonderlic consultant recommended the particular passing score. Is Tenneco on safe ground if candidates are selected based on that Wonderlic passing score?

  Problem regarding the contribute to its decision making

What are some strategies an organization might use when developing its organization's socially responsible efforts? What potential factors can contribute to its decision making?

  Vertical integration-diversification-mergers and acquisition

Compare and contrast different corporate strategy (vertical integration, diversification, mergers and acquisitions, strategic alliances) that company would use to expand the business services and suggest the best possible alternative?

  Positions for a physician facility bunch company

Ms. Caldwell acknowledged a $20, 000 annually primary positions for a physician's facility bunch company. One of many clinics in the acquiring was one to which state contracts for mental wellness treatment had recently been granted.

  How could im be useful in your career field

How could IM be useful in your career field? Does IM produce a permanent record? Do you think that common abbreviations such as lol and imho and all-lowercase writing are acceptable in text messages for business?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd