Resource: Ch. 1 of Introduction to Business
Consider a fictional business you would be interested in starting. You will be using this same business in other weekly assignments throughout the course.
You are seeking financing for your business, and a potential investor has asked you to provide more information.
Write a 400- to 500-word response to your potential investor in which you do the following:
Describe the products or services your business will offer and the resources–materials, supplies, building, and so on–that you will need for your startup.
Examine the differences between profit and profitability and how you plan to use your profits to increase your business profitability.
Describe how you expect your business may be affected by the laws of supply and demand.
BUS/211
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