04 May WHAT KIND OF BUSINESS VENTURE WOULD YOU CHOOSE – START A NEW BUSINESS, BUY A FRANCHISE, OR BUY AN EXISTING BUSINESS?
Business Plan-DQ1
Having taken an Ashford course on entrepreneurship, you have been asked by a friend to offer practical advice on writing a business plan. What advice would you give your friend? Identify five key points you would insist be included in a business plan.
Venture Selection-DQ2
You have always wanted to be your own boss and have your own business. What kind of business venture would you choose – start a new business, buy a franchise, or buy an existing business? Discuss why you have made your choice. Identify three advantages to your choice and three pitfalls you may encounter?
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