What is involved in a market analysis

Assignment Help Corporate Finance

Reference no: EM131664197

Assignment

Text Book: ENTREPRENEURSHIP: THE ART, SCIENCE, AND PROCESS FOR SUCCESS by CHARLES BAMFORD, 2ND EDITION; GARYBRUTON.

CHAPTER 7

1. What is the importance of maintaining current and accurate financial statements using generally accepted accounting principles (GAAP)? Suppose you own a small business that is contacted by the IRS to report quarter earnings for tax purposes. What might happen to your small business if current and accurate financial statements are not maintained?

2. What is involved in a market analysis? Why is a market analysis an important part of a financial prospectus? Suppose you create small business plans to build the strongest rocking chairs on the market without performing a market analysis. What kinds of concerns might potential financers have?

3. What are the main financial considerations in valuing an existing small business over a conceptual venture? Suppose you have the opportunity to purchase a profitable existing donut shop. The existing donut owner wants more for his donut shop than you think it is worth. You know that you make better tasting donuts at a better price than the existing shop and can open your own shop in the same town for half the price of purchasing the existing donut shop. What are the advantages to purchasing the existing donut shop versus opening up your own? Based on the information provided would you purchase the existing donut shop? Explain why or why not.

4. How do you continue or restart the growth cycle when your small business has already reached a plateau and began to decline? Provide an example of a business that was on the decline and made an adjustment to continue growth. What caused the company to go into decline in the first place and what adjustment did that company make to avoid further decline?

Reference no: EM131664197

Questions Cloud

Describe the operations management strategies : Provide an introduction of the context of the articles. Describe the operations management strategies.

Detection methods including rapid technologies : Detection methods including rapid technologies and traditional methods of salmonella

Define the terms responsibility and controllability : Responsibility and controllability. Consider each of the following independent situations for Prestige Fountains. Prestige manufactures and sells decorative.

Results from destruction of red blood cells : 1. What are the areas of the U.S. are more prone to tick-borne disease? 2. Are diseases of the blood more susceptible to transmission by vectors?

What is involved in a market analysis : What is involved in a market analysis? Why is a market analysis an important part of a financial prospectus?

Describe the different cultural characteristics : Describe the different cultural characteristics identified when you use agar plates, agar slants, and nutrient broth.

Pros and cons of at least eight performance appraisal method : Discuss the pros and cons of at least eight (8) performance appraisal methods.

Production of an rna transcript : It has often been noted that an increase in production of an RNA transcript for one gene does not sync with the same level of increase in the protein it encodes

Fermentation but phenylethyl alcohol : MacConkey test for lactose fermentation but Phenylethyl alcohol does not. Explain why this is so Macconkey and Phenylehtyl alcohol contain NaCl. Why?

User Account

All Pages