In business, and much of life, it is true that “one size does not fit all”. Within the world of business and the advancement of technology, opportunities abound more than ever before. One no longer has to open a brick and mortar business if they want to start a business. However, the research that is needed to fully complete an evaluation of this sort is not one to take lightly. While research does not always have to be costly, dedication is required. This week, you will be not only sharing what method chosen to launch your venture (new business, existing business, franchise, etc.), but why. This is to be followed by the manner in which you plan to assess the current environment in relation to possible business opportunities.
Identify and evaluate the three following methods of entering an entrepreneurial venture: starting a new business, buying an existing business, and operating a franchise.
Analyze the current environment for your specific industry for potential business opportunities.
Assignment Directions:
Minimum length requirement two to three APA formatted pages with at least one outside source (in addition to your text) cited within your paper.
Submit your completed assignment here by clicking the ‘Submit Assignment” button. Please check the Course Calendarfor specific due dates.
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