“Module 1
Noted
psychologist David McClelland characterized entrepreneurs as possessing the
following traits: (1) Desire for responsibility, (2) Preference for moderate
risk, (3) Confidence in their abilities, (4) Determination, (5) Desire for
immediate feedback, (6) High level of energy, (7) Future orientation, (8) Skill
in organizing, and (9) Value of achievement over money.
Using the assessment attachedhere,rate yourself on each trait based on a scale of 5
(this trait is most like me) to 1 (this trait is not at all like me). Note an
example about yourself that demonstrates and supports your rating on each
trait. Remember that no one possesses all of the criteria.
Module 2
Describe, in detail, the specific type of business venture you
plan to evaluate in this class.You
may choose any type of business that you find interesting. Basedon what you’ve read and learned so far, provide a comprehensive
description of the business and any elements which you believe are creative
and/or innovative.
Hint:Please think hard about the type of business you wish to
investigate because for the remainder of the term you will be concentrating
your efforts on this type of business. I sincerely hope that each of you
believe that you have the framework for a successful business in the back of
your mind and that this course will provide you with the tools to analyze the
viability of your business idea.
This assignment is more difficult than it appears because you
are now asked to put a great deal of meat”” on the bones of your
business idea. Take your time with this assignment.
Module 3
Assignment 1:Following Scarborough’s (2014) nine-step process,
complete and submit a thorough strategic analysis of your proposed business
venture. Additionally, include in this assignment a feasibility analysis of
your proposed business modeled upon the material found in
Chapter 4. As with the assignment
from the previous module, you will need to refine this assignment as your
research provides additional information.
Assignment 2:Conduct a detailed due diligence study of a
business similar to your proposed business venture. Please follow the steps
found on pages 240-248.
Assignment 3:Explain, in detail, how you would determine the
fair value for the business you selected in Assignment 2. Please see pages
249-258 in your textbook for guidance in valuing this business.
Module 4
Select the most appropriate form of ownership for your proposed
business. Explain in detail the reasons why this form of ownership is
appropriate for you and your firm. Describe the advantages and disadvantages of
this form of ownership which you considered in your decision.
Modulr 5
Assignment 1:Submit a complete and detailed marketing plan for the product(s)
or service(s) of your proposed business. Follow the guerrilla marketing
strategies outlined in Chapter 8 to complete this assignment.
Assignment 2:Based
on the new business venture that you are proposing, determine and explain, in
detail, any e-commerce opportunities that your firm could effectively and
profitably pursue.
Assignment 3:Describe
in detail the pricing strategies and tactics that you plan to implement in your
proposed business. Also, explain the logic behind the pricing strategies and
tactics that you have selected.
Module 6
Assignment 1:Construct
a detailed cash budget for your proposed business venture.
Assignment 2:Prepare
all relevant pro forma financial statements for your proposed new
business venture. Explain what
these financial statements tell you about the financial
viability of your proposed
business venture.
Module 7
Assignment 1:Discuss
both the amount and the sources of financial capital that your business venture
will require. Detail the specific terms and conditions associated with each
type of funding.
Assignment 2:Review
the information on Small Business Investment Companies (SBICs) and Small
Business Lending Companies (SBLCs) provided on pages 499-500 of the textbook
(it may also help to conduct additional research). Comment on how you might
utilize one or both of these institutions to finance your proposed business.
Module 8
Everything
you have been doing for the past seven weeks has been building up to one thing;
creating your own business plan. The success or failure of your venture can
depend on it. For this module, your task is to take EVERYTHING you have learned
in the previous modules and construct a business plan to complete the idea you
have been developing. This is not an easy task, therefore it is the only thing
you are required to do this week. It will take many hours, great will, and
determination to construct a well-designed plan. Be sure to build on and
include everything you have learned.Module 1Noted
psychologist David McClelland characterized entrepreneurs as possessing the
following traits: (1) Desire for responsibility, (2) Preference for moderate
risk, (3) Confidence in their abilities, (4) Determination, (5) Desire for
immediate feedback, (6) High level of energy, (7) Future orientation, (8) Skill
in organizing, and (9) Value of achievement over money.Using the assessment attachedhere,rate yourself on each trait based on a scale of 5
(this trait is most like me) to 1 (this trait is not at all like me). Note an
example about yourself that demonstrates and supports your rating on each
trait. Remember that no one possesses all of the criteria. Module 2Describe, in detail, the specific type of business venture you
plan to evaluate in this class.You
may choose any type of business that you find interesting. Basedon what you’ve read and learned so far, provide a comprehensive
description of the business and any elements which you believe are creative
and/or innovative.Hint:Please think hard about the type of business you wish to
investigate because for the remainder of the term you will be concentrating
your efforts on this type of business. I sincerely hope that each of you
believe that you have the framework for a successful business in the back of
your mind and that this course will provide you with the tools to analyze the
viability of your business idea. This assignment is more difficult than it appears because you
are now asked to put a great deal of meat”” on the bones of your
business idea. Take your time with this assignment.Module 3Assignment 1:Following Scarborough’s (2014) nine-step process,
complete and submit a thorough strategic analysis of your proposed business
venture. Additionally, include in this assignment a feasibility analysis of
your proposed business modeled upon the material found inChapter 4. As with the assignment
from the previous module, you will need to refine this assignment as your
research provides additional information.Assignment 2:Conduct a detailed due diligence study of a
business similar to your proposed business venture. Please follow the steps
found on pages 240-248. Assignment 3:Explain, in detail, how you would determine the
fair value for the business you selected in Assignment 2. Please see pages
249-258 in your textbook for guidance in valuing this business.Module 4Select the most appropriate form of ownership for your proposed
business. Explain in detail the reasons why this form of ownership is
appropriate for you and your firm. Describe the advantages and disadvantages of
this form of ownership which you considered in your decision.Modulr 5Assignment 1:Submit a complete and detailed marketing plan for the product(s)
or service(s) of your proposed business. Follow the guerrilla marketing
strategies outlined in Chapter 8 to complete this assignment. Assignment 2:Based
on the new business venture that you are proposing, determine and explain, in
detail, any e-commerce opportunities that your firm could effectively and
profitably pursue. Assignment 3:Describe
in detail the pricing strategies and tactics that you plan to implement in your
proposed business. Also, explain the logic behind the pricing strategies and
tactics that you have selected.Module 6Assignment 1:Construct
a detailed cash budget for your proposed business venture. Assignment 2:Prepare
all relevant pro forma financial statements for your proposed new
business venture. Explain what
these financial statements tell you about the financial viability of your proposed
business venture.Module 7Assignment 1:Discuss
both the amount and the sources of financial capital that your business venture
will require. Detail the specific terms and conditions associated with each
type of funding.Assignment 2:Review
the information on Small Business Investment Companies (SBICs) and Small
Business Lending Companies (SBLCs) provided on pages 499-500 of the textbook
(it may also help to conduct additional research). Comment on how you might
utilize one or both of these institutions to finance your proposed business.Module 8Everything
you have been doing for the past seven weeks has been building up to one thing;
creating your own business plan. The success or failure of your venture can
depend on it. For this module, your task is to take EVERYTHING you have learned
in the previous modules and construct a business plan to complete the idea you
have been developing. This is not an easy task, therefore it is the only thing
you are required to do this week. It will take many hours, great will, and
determination to construct a well-designed plan. Be sure to build on and
include everything you have learned.”



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