Entrepreneurial Advisor

User Generated

ryobea60

Business Finance

Description

Imagine you are a consultant providing advice to small business owners. There are two different customers, a woman and a veteran, who come to you for advice.

Read the two scenarios provided below. For each of the scenarios, summarize in 525 to 700 words the information you must provide to help your customer:

  • Imagine you are a consultant providing advice to a woman who wants to start a web-based business. Help your client identify legal, financial, and other resources she can use for starting up her business. Also, help her analyze the advantages and disadvantages of starting a web-based business as a woman.
  • Imagine you are a consultant providing advice to a veteran who wants to start a home-based business. Help your client identify legal, financial, and other resources available for starting up the business. Also, help the client analyze the advantages and disadvantages of starting a home-based business as a veteran

Format your report consistent with APA guidelines.

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Explanation & Answer

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RUNNING HEAD: WEB-BASED AND HOME-BASED BUSINESS

Web-based and Home-Based Business

Student Name

University Affiliate:

Date:

1

WEB-BASED AND HOME-BASED BUSINESS

2

Web-based business
A web based business is so important since it makes you your boss. You make
decisions the way you want as long as you do not violate the consumer laws in the country.
Before starting this business, there are several factors to consider as well as steps to follow.
First, find a need that exists in the market, prepare a copy that sells, and design an accessible
website which users can quickly go through, drive traffic to your site, create an expert
reputation for your web, and create emails and other social media communication tools to
contact your clients (Williams, 2016).
To start a web-based business, just like any other business, you need financial
resources, human resources, educational resources, physical resources as well as emotional
resources. You need the starting capital which will enable you to get access to all other
resources (Williams, 2016). The physical resources needed include computers which get
access to the internet, books for keeping records, receipts to give to the clients once they
make their purchases, source of power and furniture. Furniture is needed for easy operations
to take place. Nevertheless, computers need an excellent placement area. A conducive
working environment plays a great role towards the su...


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