BMGT 110.docx - BMGT 110 - Project 3: Contemplating...

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BMGT 110 - Project 3: Contemplating Starting a BusinessBMGT 110 6981 Introduction to Business and Management (2202)To:Carlos Rodriguez
From:, Business ConsultantDate:March 22, 2020Subject:Business memo to outline the different areas of opening a business.Business SummaryI would like to thank you for the opportunity to be your consultant on your plan of staring up abusiness. This memo is to provide you a comprehensive business consulting and to supplement adetailed analysis of your situation and recommendation on starting your own business. Based onyour current situation, finances, interest, and a potential business partner to support otherobligations on putting up a business is very doable. It is often challenging to open up a business.Situation Analysis and RecommendationsI will present to you the possibilities of what type of business you should become and we willdetermine the cost and business type you should pursue.There are ways to evaluate yourselfor asses if you are an entrepreneur, ask yourself with someof this questions; like how much time are you will to invest to be a full time owner of a business,are you willing to face the financial responsibility of your business, will your will support you allthe way when you put up s business since it require a full time job to be an owner, do you have agood understanding of how to manage a business and also can you faction when being inambiguous situation? But whatever it maybe as long as you are fully determined, commentedand ambitious in putting up your own business, there are factors that I would like to discuss withyou.With the finances, eventually we will need financing. There are factors to consider if youwould want to continue a successful business, you should choose how to access financialcapital, we could consider borrowing from a bank, issuing bonds, or issuing stock, but since

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Term
Fall
Professor
JohnnieBrown
Tags
Business and Management, Types of business entity, Business Consultant

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