DISCUSSION 200-300 WORDS

DISCUSSION

• From the e-Activity, discuss the best possible method for determining the value of the business you selected. Explain your rationale.
• Create a strategy for negotiating the purchase of the business you selected in the e-Activity.
• Develop an idea for a new business and conduct a feasibility analysis. Please be as creative as you like in the development of your idea (but as careful as you can be in your analysis of that idea).
• Analyze the steps involved in crafting a winning business plan and make at least one recommendation for improving the process. Explain your rationale for making the recommendation you did.
• Listen to one (1) composition (for a symphony) by Haydn or Mozart, either at the Websites below or in this week's Music Folder. Identify the work that you have chosen, and describe the way in which the composition expresses the specific qualities of the Classical music style. Use the key terms from the textbook that are related to that particular music style, and explain what you like or admire about the work. Compare it to a specific modern musical work for which you might use the term "classic" or "classical".

RESPOND

• The symbol of slavery in the form of visual arts is more convincing and resounding than the literary representations of the injustices of slavery, showing the feelings and expressions captured in form of visual arts. Views either fictional or autobiography; a person(s) that actually lived through any ordeal, opposed to a person(s) from the outside viewing inward is more convincing. Though, Olaudah Equiano life’s narrative might have looked manufacture, the horrendous situations his forefathers suffered during the middle passage is told. The story told seemed very accurate in contrast to others. Not to doubt the writing of white authors like John Gabriel Stedman, that he wrote about the mayhems observed towards slaves in Guiana, but to have it told by an individual force to live in the circumstances of slavery, is very heart-warming. Listening to an individual who actually lived in slavery is mesmerizing.
• It is ironic that this is one of our topics of discussion. I just got off the phone with my father who has been working two jobs basically his whole life and has saved up a respectable amount of money and he is looking to buy a local storage company. My father has been exposed to the business world since the mid 80's so I am sure he has more knowledge and insight than myself but he has still requested my assistance in finding the right location and business size. The first important information is to obviously know the listed price for the business being sold. After obtaining the sale price, you then research the local competition and what they charge and why. Make sure you have a confident understanding of the median family income for the desired area. After having a understanding of your competition you can then create a base price for how many units that are located on your future property. Another important piece of information in this specific field of business is the occupancy percentage. This will give you an understanding of what to do or what not to do in order to reach a 100% occupancy rate for as long as possible. With the combination of an occupancy rate and monthly price per unit you can then establish a monthly revenue. Compare the possible revenue with the monthly price of the property. If the profit is significant to your goal then it is a good deal, if not, you can talk the seller down and give them reasons why.

• An idea for a new business is to open a after hours restaurant. My targeted customers would be ones coming from bars, but this area has no where but waffle house to go to,and comingfrom where we lived to here this would make a killing here. we would be different from waffle house as we will offer more food and better prices.

   Steps involved would be finding the best location.we would want a location that has a large seating area and a kitchen, finding a place with some things already there would be great as itwould save money, then we would have to lay out a business plan and get the funding for thebusiness.