Suppose you had arranged enough capital that you could either buy into an existing Outback Steak House or you could start your own independent steak house restaurant. What are the advantages and disadvantages of each alternative? Which would you prefer and why?
Answer to relevant QuestionsSuppose that you have developed an idea for a new business service. You have limited capital and you do not want to drop out of college. How might you successfully startup a new business to use your idea? Duane wanted to start a limo service and already had a name picked out, Amore Limos. While many limos offered bar service, he decided to also provide appropriate snacks – pate, caviar and other high-class nibbles. He ...1. What do you think about Sly's explanation of the differences between his income statement and his 1040 Schedule C? 2. Suppose that the income statement is reasonably accurate. What do you think about the purchase ...Imagine you have developed a new two-way GPS system for trucks and their dispatchers. Trucking companies are all over the country. So are you looking at a mass market? Why or why not? Students know people, including folks who might invest in your business. What kind of business plan (e.g. informational, screening, key employee, full) would you give to students?
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