Small Business Management - Build or Buy
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Pfzppbyy224
Business Finance
Description
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 http://www.sba.gov for tools and
templates. - Include at least two (2) references outside the textbook
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