Homework2 Chapters4-5 dijon 4

Homework2 Chapters4-5 dijon 4 - Dijon Layne MGS 4500 T...

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Dijon Layne MGS 4500 T 1-3:30pm September 5, 2011 1. It is important for entrepreneurs to gather marketing information before starting on a new venture because this is a crucial step in establishing said venture, moreover determining their brand as feasible. Some ways of gathering this information include browsing potential markets; pinpointing existing competitors or future ones, own ability to launch and run a new business; be aware of government regulations and policies as well as having the capital they’ll need to get started, including the timeframe that this venture would turn profit. 2. The Small Business Innovation Research (SBIR) program identifies research and development needs and publish them in a master list by the Small Business Administration (SBA). The Business Development Program is designed to help minority-owned businesses enter the economic mainstream, and encouraging federal agencies to award a certain percentage of their contracts to small
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This note was uploaded on 04/02/2012 for the course MGS 4500 taught by Professor Michaelholmes during the Spring '12 term at Georgia State University, Atlanta.

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Homework2 Chapters4-5 dijon 4 - Dijon Layne MGS 4500 T...

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