1. When Wild Thymes was faced with the opportunity for growth, Enid decided to bring her daughter...
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2. Suppose that Enid Stettner had approached you when she was starting Wild Thymes for advice on the form of ownership she should choose. What questions would you ask her?
3. Refer to question 2. Which forms of ownership would you have recommended that Enid avoid? Which form of ownership would you have recommended that she use? Explain.
In 1970, Enid Stettner and her husband, Fred, left their corporate careers (fashion designer and film producer, respectively) in New York City, moved to the quaint, nineteenth-century farmhouse in the Hudson Valley that they had purchased a decade earlier, and started farming. Ten years later, Enid, a self-taught cook, created a business plan for an idea that she had dreamed about for many years: making and selling a line of flavored vinegars made from homegrown herbs and fruits in unusual flavors, such as opal basil, hot pepper, and blueberry.
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Effective small business management An Entrepreneurial Approach
ISBN: 978-0132157469
10th Edition
Authors: Norman M. Scarborough
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