1 Explain the steps involved in conducting a feasibility analysis.
The feasibility analysis involves: industry and market feasibility, product or service
feasibility and financial feasibility.
2 Why should an ent
Module 5 Assignment
1. What advantages can an entrepreneur who buys a business gain over one
who starts a business from scratch?
Some of the advantages an entrepreneur can gain from buying a business are: already
having an est
A limited partner is what they refer as a passive investor, with no managing power. They have
limited liability for the partnerships debts or claims, however these types of partners, do take
shares on profits and losses from the ownership.
The limited par
Module 6 assignment
1. Why is developing a financial plan so important to an entrepreneur about to
launch a business?
Fashioning a well-designed financial plan as a part of a comprehensive business plan is
one of the most important steps to launch
Module 7 questions
1. Why must entrepreneurs learn to think globally?
To be successful, small companies must take their place in the world market. A few
decades ago, small companies had to concern themselves with competitors who where
six blocks a
Why is developing a financial plan so important to an entrepreneur about to launch a business?
A financial plan is the most important step in launching a new business venture. It serves as a guide to
help raise the capital needed to launch a business. Inv