Which is the most effective business plan for doris

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Reference no: EM133611246

Assignment:

Doris has been working at her sister's beauty parlor for five years. She has saved her money and feels the time has come to invest in her future. Which is the most effective business plan for Doris? Select answer from the options below:

Doris will need to rely on her sister as she plans the risk of opening her business, determine her strengths and how they will benefit her, and develop a strategy for overcoming her weakness.
Doris will need to create a statement outlining the concept and objectives of her business, organize a financial statement, and determine a marketing strategy to develop her clientele.
Doris will need to distinguish her beauty parlor from her competitors in order to serve her customers, and she should maintain a service that appeals to the consumers and serves their needs.
Doris will need to assess the competition in the market, determine her sister's placement in the market, and determine how to create a superior service to her clients in order to maintain the competitive advantage.

Reference no: EM133611246

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