Chapter 5 - SmallBusiness o Resources o CloseRate 1outof3 o

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Small Business o Resources o Close Rate 1 out of 3 o Franchising benefits o Franchising advantages Business Plan o What is a business plan o How can you compare a 5 yr personal to small business plan (they’re very  similar.) o What size depends on source SBA<1500 employees Small Business Plan and You o Setting Goals and Objectives:  A business plan should discuss the  entrepreneur’s goals and objectives, the strategies used to obtain them, and  how these strategies will be implemented. o Sales Forecasting:  The sales forecast requires that the entrepreneur  demonstrate and understanding of the market, the strengths and weaknesses  of existing firms, and the means by which the new venture will compete. o Financial Planning:  This is the entrepreneur’s pan for turning all activities  into dollars. Sole Proprietor
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/22/2012 for the course INTRO TO B 100 taught by Professor Reaves during the Fall '10 term at Rutgers.

Page1 / 3

Chapter 5 - SmallBusiness o Resources o CloseRate 1outof3 o

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online