BUS508 week 3 Discussion

Question

"Successful Entrepreneurship" Please respond to the following:

Part 1)

From the scenario, evaluate the importance of a business plan that is both well-written and based on desired outcomes. Suggest two (2) ways in which a well-written business plan could assist a business owner like Cliff Walters in continuing with his vision for Walters Aeroworks.

Part 2)

From the case study, evaluate the effectiveness of Lee Rhodes’ business decisions based on the manner in which such decisions have impacted the success of her business from an entrepreneurial point of view. Recommend two (2) additional strategies that Rhodes could utilize to increase her chances of continued success. Justify your response