Entrepreneurs in other Countries and Morgan Jackson Case Study Paper

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Please use an APA format and the eassy must be 1-2 pages and cited

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Written Assignmentplease use an APA format for each number listed below along with that reference. Each number is its own individual assignment. Each number that is listed below must have at least 2 to 3 pages long 1.) Entrepreneurs in other Countries The entrepreneurial spirit creates opportunities large and small. So often we hear about corporations establishing a presence in developing nations which ultimately helps to build the economic system; however, some entrepreneurs in these countries are locals with little business experience or financial backing. Identify an entrepreneur in a developing country (such as India, Korea, Chile, or Somalia). Describe the business venture that this entrepreneur is engaged in and the impact that is realized on the local economy in a 3 page Word document. 2.) Business Plan Resources There are many resources available to entrepreneurs who are developing a business plan. Market data, economic data, and information on the competition will be needed to show that the idea has merit. Conduct research on available resources and develop an annotated bibliography for your business plan with 5-8 references. Be sure to also include any funding resources for your plan. Each reference should include a 1-paragraph annotation and each reference should be in APA citation format. For more information on APA, please visit the Resources tab in this course. 3.) Case Study Morgan Jackson wants to open a full-service salon in the local mall. She will need start-up funding to help cover costs. Morgan is meeting with Our Community Bank to discuss financing options available to her. She has $4,500 available to invest in her company and needs another $35,500 to pay for the start-up costs. Robert Paige has always dreamed of owning his own real estate brokerage and finally has the opportunity to make that dream a reality. He has four real estate agents who will come to work for his company when it opens. Robert has $10,000 to contribute to this business but needs an additional $50,000 based on the start-up budget he developed. Our Community Bank is also Robert's preferred lender. You are the commercial banker meeting with both entrepreneurs who have provided you with their business plans which included the following financial projections. You can only loan money to one of these businesses. • Develop a full financial ratio analysis on both proposed ventures, and use that analysis to make a recommendation to your Board of Directors on which company should receive the loan and why? • Submit your answers in a single Word document. 4.) Case Study A banker should always ask the entrepreneur how the value of the venture was established so the entrepreneur can walk through the valuation process. Develop a 2 page case study in which the valuation process is pitched from an entrepreneur to a banker. Come up with a list of three key questions that the banker could ask of the entrepreneur, as well as the answers to those questions. Was the entrepreneur successful in making the pitch to the banker? Why or why not? 5.) Debt and Equity Financing Debt and equity financing are two types of new venture funding. Identify the advantages and disadvantages of each type. As an entrepreneur, which type do you believe is best? Support your answer.
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Running Head: ANNOTATED BIBLIOGRAPHY

Annotated Bibliography
Author’s Name
Institutional Affiliation
Date

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ANNOTATED BIBLIOGRAPHY

2

Business Plan Resources
Wynne, H. S. (2016). 4 Wynne's Boating Manufacturing Company: A Market Analysis and
Business Plan for Northwest Arkansas.
The article focuses on the development of a business plan for a new manufacturing
business from North Arkansas. It also highlights the importance of market analysis that the
venture will be set up. In North Arkansas, the growth perspective paints an encouraging picture
for a new start-up business. The speculation of market growth is determined by the growth
ability of the regions and also looking into other firms that have invested in the region. Some of
the companies like Walmart, Tyson foods and J.B Hunt are indicators for growth in the region.
Block, J. H., Kohn, K., Miller, D., & Ullrich, K. (2015). Necessity entrepreneurship and
competitive strategy. Small Business Economics, 44(1), 37-54.
The authors focus on startup business through competitive analysis s that the business can
be able to develop a competitive strategy. Most of the firms use to compete with other firms
either through cost leadership or product differentiation. The study explores how these choices
are demonstrated founded on necessity. So, the results on 4568 startups showed that if the
business was created for necessity, the entrepreneurs pursue cost leadership strategy and show
less likeliness to pursue differentiation. Further, decomposition analyses indicate that the
difference in choice of strategy is attributed to the human capital endowment, socioeconomic
status and the characteristic of the project that relates to necessity.
Bertoni, F., D'Adda, D., & Grilli, L. (2016). Cherry-picking or frog-kissing? A theoretical
analysis of how investors select entrepreneurial ventures in thin venture capital markets. Small
Business Economics, 46(3), 391-405.

ANNOTATED BIBLIOGRAPHY

3

The authors looked into the funding choices of entrepreneurs and how they obtain the
capital. The articles explore a model that analyses different entrepreneurial ventures and how
they actively seek and obtain capital. The model assumes that the venture capital markets are thin
and investors seek to invest in ventures that are in need rather than the best performers at that
time. That is because they have greater hopes that that ventures will grow and give them return in
future. Also, the best performers will select out in the market compared to those in need. In
Europe, entrepreneurial firms do not look for venture capital investment and the investors do not
have the same cherry-picking ability like in the US. The different such resources can be of help
to determine the best place to locate the business.
Albayrak, T. (2015). Importance-performance competitor analysis (IPCA): a study of hospitality
companies. International Journal of Hospitality Management, 48, 135-142.
The author looks into the importance of competition and the role it plays in enhancing
productivity. There is a need to empower competitive awareness within businesses to give an
understanding of the core importance of social entrepreneurship. Further, the chapter attempts to
look into cooperatives and the competitive concerns and how they focus on them, in a particular
way with the aim to achieve objectives. Some of the objectives include growth and increased
market share need to pay attention to the competition to help strategize on the competitive edge
of a business. The findings showed that growing cooperatives and competitive alliance
strengthen the gain of feedback and insights into the performance value of social
entrepreneurship. The chapter gives insights into the key roles of strategies to give feedback to
continuous improvemen...