You are a new small business owner focused on selling healthy pet food/products in a small town. You are struggling to bring in new customers and develop a name for your store.
Address the following in 375 to 450 words:
Identify two key business strategies that the business should consider.
Compare the business strategies you selected and determine which would be the most useful for your current situation.
Determine the metrics that you will use to evaluate your selected business strategy for effectiveness.
Business strategies and actions taken will be as:-
Metrics:
You are a new small business owner focused on selling healthy pet food/products in a small...
A large pet-food manufacturer is considering buying a small boutique cat food business to add to their portfolio of pet foods. The head of the finance division has approached you to conduct a financial analysis to determine the most the firm should pay for the cat food business. The valuation of the cat-food business is based on cash flows of $180,500 per year over a five year period. The target business has the same risk as the firm’s overall operations....
The Pet Spa and Hotel franchise in New York City has expanded their business. The company is now selling their own brand pet products, including food, treats, toys, and supplies. Perform the system analysis of the new module in the system for selling the products. Include the following 1. Identify five (5) or more requirements for the product sales module 2. Activity, Use Case, and Class Diagrams to represent the new module 3. Create one (1) Test Case for each...
If you were a new business owner intending to have a business Facebook site, how would you integrate digital and traditional media, as part of your communications strategy describe how Facebook would play a role.
Chapter 2 5. You have decided to open a "to-go," "fast-food" establishment in a small town (population 2,000) that needs a new cating place. You can offer 2 food items to this town...large pepperoni pizzas and 1- pound orders of wings (your special recipe! ), or a combination of both. Thoroughly explain your PPF with 5 attainable points and constant or increasing opportunity costs (your choice! Choose the form of opportunity costs you enjoy best! @) on a busy Saturday...
Suppose you are the owner of a small woodworking business that is privately incorporated. You currently own 100% of the business (equity valued at $100,000), with no long term debt. You are looking to purchase a new piece of equipment costing $10,000 that will require funds that you do not have available. How would you choose to finance the equipment? Explain the reasoning behind your decision.
Imagine you are an IT manager at small retail organization that has a new owner. The new owner is from another industry and has expressed a lack of understanding of some of the controls and processes important to IT management and governance. You must help the new owner with understanding these important concepts. Write a 2- to 4-page executive brief that details the following: How the 2002 Sarbanes-Oxley Act has affected IT governance, including the major provisions of the act...
As a small business owner facing saturated domestic markets, how would you approach foreign markets? Develop a strategic plan outlining how you would research markets, get your product to potential customers, handle the financing side of the business, and grow your sales. Include information on what resources are available to help with this process.
Suppose you are the owner of a small woodworking business that is privately incorporated. Your currently own 100% of the business (equity valued at $100,000), with no long term debt. You are looking to purchase a new piece of equipment costing $10,000 that will require funds that you do not have available. How would you choose to finance the equipment? Explain the reasoning behind your decision.
Question #7 You are the owner of a small business. An opportunity to expand into a new market niche arose. It requires an initial equipment investment of $300,000. You will finance the entire amount with a 5-year loan at 3.2% interest rate (annual payments). Depreciation will follow MACRS-3 Sales projections look very promising as shown below: • $200,000 in first year's projected sales • Sales growth is expected to increase by 40% over the previous year's sales with a high...
For this assignment, you will interview an Entrepreneur or Business Owner and upload the summary of your interview with a link to their Business Website; one of their Social Media Page(s); or a review of their business on Yelp (this is to verify the business). Your summary should have one good paragraph answers to each of the following questions: How did you make your first sale? How did you get credibility quickly? How did you develop key partnerships? How did...