For a business plan being put together by a student in his late teens or early 20s, what are the most likely risks?
Answer to relevant QuestionsPassion is clearly important in the business plan presentation. How can you display your passion for the business during the presentation? What are the reasons to write a business plan? How would you describe the pricing approaches used by Beyond Fleece when it started and as it grew? Set up several selling scenarios for the same product displaying different cues about the value of a product (e.g., where it’s sold, whether it’s on sale), the motivation of the seller, prices of competitive products ...If you were consulting with a small firm, what advice would you give to the owner on how to write a press release? What specific tips would you give him or her on ways that they can generate publicity for the small business?
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