The major benefits Eliza Roundtree will receive when opening her home-based business is that it is in the convenience of her own home. She doesn’t have to travel to get to work. She can get the business up and running quickly and cheaply. She can still send time with her children. She is her own boss. She will also save time and money that is usually spent on daily commuting. She can have a say when she wants to be open and closed. Question 3 How could Roundtree use technology to help operate a home-based business? If Eliza Roundtree was to use technology it would help operate her home-based business. She could use her laptop, tablet or even phone to communicate with customers. She could also use that technology to make order for her business, or for customers to make orders through her. She could also have a texting club that would allow customers to be aware of what sales or promotions that are going on. She could also e-mail her customers. These are all ways to promote her home-based business.
Question 1 What are the major advantages that Schragger enjoyed as the result of having this most unique site? Since Schragger has an unique site, the major advantages are allowing the new venture to compete with bigger business on a more level playing field, this expands his business into a new level, there is not another business like his out there, and the business is convenient to those who are construction workers. Question 2 What major disadvantages and special challenges did the company likely run into as a result of this towering location? This disadvantages and special challenges Schragger will face with his new and unique site is finding an insurance company that will cover his crane, the ordinances and permits the town may have for his company and crane, and there may be laws against his idea. Question 3 Do you think it was a good idea for Schragger to locate a SUBWAY franchise in this way? What other uncommon locations can you think of that small businesses have used or are using to their advantage? Schragger’s idea to locate a SUBWAY franchise into an operating crane delivery is a great and unique idea. The idea may sound a little better and easier than to make it actually happen. Since there is nothing like it, it may be wonderful. But the fact that there isn’t a delivery crane already may say something. May say that is not possible to create. A lot of businesses are turning to delivery trucks. Also some businesses have trucks that sell the merchandise from there and travel all over. All are great ways to promote your business.
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