Week 5
gwszinm22The business should be based on starting a BARBERSHOP.
OPERATIONS/RESOURCES PLAN
Referring to your ongoing small business venture idea , discuss the following:
1. Describe any physical facilities you will need (retail, warehouse, etc.) Where will you locate these facilities? Explain why you chose this location (proximity to transportation, target market, suppliers/raw materials, etc.) If you will have no physical facilities, explain why.
2. Describe a general HRM/staffing plan based on your needs. What types of employees will be needed, and how many? Where will you find these employees?
3. Describe a general Information Systems plan based on your needs. What types of data will be important for your firm to gather and analyze? How will this data be shared inside and/or outside the organization?
4. Capital resources will likely need to be secured at startup and on an ongoing basis. Where will you get these resources? Would you prefer debt or equity financing? Why?
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