To Build or Buy
Select a small busin" rel="nofollow">iness that you visit often (e.g., coffee shop, bookstore, sportin" rel="nofollow">ing goods store, etc.). Write a 6-8 page paper in" rel="nofollow">in which you:1 ) Craft a brief (1-2 pages) strategy for a busin" rel="nofollow">iness concept that would directly compete with the small busin" rel="nofollow">iness you selected. Explain" rel="nofollow">in the rationale for the strategy in" rel="nofollow">in detail.
2 ) Determin" rel="nofollow">ine if it would make more sense to open the new busin" rel="nofollow">iness you describe or to purchase the existin" rel="nofollow">ing busin" rel="nofollow">iness you selected. Explain" rel="nofollow">in your reasonin" rel="nofollow">ing. For this paper explain" rel="nofollow">in the reasonin" rel="nofollow">ing to open the new busin" rel="nofollow">iness described. The name of the new busin" rel="nofollow">iness is “Tennis Fun” store that sells apparel and tennis equipment and also provides a service of restrin" rel="nofollow">ingin" rel="nofollow">ing tennis rackets.
3 ) Discuss the most appropriate form of ownership for your new busin" rel="nofollow">iness (.
4 ) Outlin" rel="nofollow">ine a busin" rel="nofollow">iness plan for your busin" rel="nofollow">iness.