Give an example of a change that has occurred or is about to occur in your neighborhood. Discuss any business opportunities this change might create.
Answer to relevant QuestionsList five business opportunities in your neighborhood and the need(s) or want(s) each would satisfy. Determine whether each opportunity you describe is internal, external, or a mix. What, if any, trends in franchising suggest continued expansion of the industry? Contradiction? Define due diligence and list some of the information to gather and analyze during the process. What factors make the difference between a good business plan and an excellent one? For a business, define the unit of sale and calculate the economics of one unit.
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