Assignment must follow format requirements: Times New Roman font (size 12), one -inch margins on all sides; citations and references must follow APA format. Each question must be “heading 2”. No more than 20% similarities. Include a cover page containing the title of the assignment. Cover and reference pages are not included in the required assignment. All six pages must be full length.
Assignment: 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 pater in which you :
1. Thoroughly craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Thoroughly explain the rationale for the strategy in detail.
2. Thoroughly determine if it would make more sense to open the new business you describe or to purchase the existing business you selected. Thoroughly explain your reasoning.
3. Thoroughly discuss the most appropriate form of ownership for your new business (assuming your current financial situation).
4. Thoroughly outline a business plan for your new business. Visit http://www.sba.gov for tools and templates.
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