Provide details on what you need help with along with a budget and time limit. Questions are posted anonymously and can be made 100% private.
Match with a Tutor
Studypool matches you to the best tutor to help you with your question. Our tutors are highly qualified and vetted.
Get Quality Help
Your matched tutor provides personalized help according to your question details. Payment is made only after you have completed your 1-on-1 session and are satisfied with your session.
Assignment 1: To Build or Buy
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 http://www.sba.gov for tools and
templates.
5. Include at least two (2) references outside the textbook.
Your assignment must follow these formatting requirements:
•
•
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides; citations and references must follow APA or school-specific format. Check
with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
•
•
•
•
•
Analyze the nature of entrepreneurship, business ethics, and social responsibility in
managing a successful small business.
Analyze a business strategy and supporting business plan for a small business concept
Describe and analyze the necessary activities and key decisions to start a small business.
Use technology and information resources to research issues in small business
management.
Write clearly and concisely about small business management using proper writing
mechanics.
-----------------------------------------------------------------------------My note: the textbook we are using is
-Effective Small Business Management: An Entrepreneurial Approach, 10th Edition,
by Norman M. Scarborough. Published by Prentice Hall
Purchase answer to see full
attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Would you like to help your fellow students? Are you in need of an additional source of income? Apply to become a tutor on Studypool! Our best tutors earn over $7,500 each month!