For Prof. Jim only

DQ 1

Why is it important for an entrepreneur to develop a business plan? What key components must be included in a well-written business plan? Identify components you would include in a business plan for a start-up business. Do differences exist between business plans for start-up and existing businesses? If there are, what may be reasons for those differences??

DQ 2

How may an entrepreneur determine a business venture's success? Explain components of conducting a feasibility analysis. What element do you feel is most important? Provide examples to support your rationale.?

DQ 3

Are the chances of success for a small business dependent on the entrepreneur's personality? What are basic competencies an entrepreneur needs for a successful business? Provide examples to support your answer.?

150-200 word count for each question