Pretty Young Professional, discussed in The Business Plan, failed because of disagreements among its four founders that

Question:

Pretty Young Professional, discussed in The Business Plan, failed because of disagreements among its four founders that emerged shortly after launch.

A. If you were to launch the venture today, outline what steps you would need to take in formulating a business plan.

B. What do you think the total addressable market would be, which industry classification would it fall under, and who would be the primary competition?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurship

ISBN: 9781975076344

1st Edition

Authors: OpenStax

See More Books

Question Posted: Oct 16, 2023 06:57 AM

See More Questions

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Jacks Tracks sells 24,000 custom-designed GoKarts per year. These GoKarts are sold evenly throughout the year. The manufacturer charges Jack a $50 processing cost per order, and Jack incurs a...
In September 2001, Cory Babcock and Honest Air Conditioning & Heating, Inc., bought a new 2001 Chevrolet Corvette from Cox Chevrolet in Sarasota, Florida. Their retail installment sales contract...
Southwestern University (SWU), a large state college in Stephenville, Texas, enrolls close to 20,000 students. The school is a dominant force in the small city, with more students during fall and...
Architecture is defined from two perspectives: the product itself and the development of the product. Compare the two definitions.
Can Marta avoid the contract on the ground that both parties made a mistake about the condition of the house? Explain. Chelene had been a caregiver for Martas eighty-year-old mother, Janis, for nine...
Golden Paper Company purchases a 30-day commercial paper with a maturity value of $500,000 at a market price of $498,000. Calculate the bond equivalent yield and the effective annual percentage rate...
Which of the following has the purpose of forecasting revenue and expenses, projecting a financial narrative, estimating project cost, and projecting cash flow? A. Feasibility analysis B. Market...
Which of the following has the purpose of evaluating the team, the market for the concept, the financial viability, and possible pitfalls? A. Feasibility analysis B. Market analysis C. Financial...
As part of an evaluation of the efficiency of your local police force, you have gathered the following data on police response time to calls for assistance during two different years. (Response times...
Contributions to a ______ are not tax deductible. A) traditional retirement plans B) Roth retirement plans C) 401K D) 403b plan
Explain the differences between a long forward position and a short forward position. In your answer, illustrate the pay-off functions of these positions with graphs. Fully label your graphs. (note:...
Research the company Starlim in London, Ontario and summarize in a couple of paragraphs what you found out. You can examine their website, press releases, annual reports etc. You should use at least...
How can the Integrative Framework (OLI) assist managers to identify the issues that need to be considered in the decision-making process? In your answer focus on one of the elements of the Model...
Give a short talk about a global issue that concerns you at the moment. The issue could be climate change/pollution/nuclear threat/World War 3 threat/food insecurity, etc. explain the reasons why you...
Scarlett Incorporated purchased a tract of land with an office building and equipment included. The cash purchase price was $ 900,000 plus $ 50,000 in fees connected with the purchase. The following...
U.S. households have become smaller over the years. The following table from the 2010 GSS contains information on the number of people currently aged 18 years or older living in a respondent's...
Calculate the cost of goods sold dollar value for B65 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory...
Prepare journal entries to record the following transactions, assuming perpetual inventory updating, and last-in, first-out (LIFO) cost allocation. Assume no beginning inventory. Purchased Sold...
Describe two separate and distinct ways to calculate goods available for sale.
After completing a proctor compaction density test for the same soil sample from the previous question, it was determined that the optimal moisture/density relationship to be used to properly compact...
Are there one or two competitors that set terms for everyone as it relates to tropical smoothie cafe?
How do strategic foresight methodologies, such as trend analysis, horizon scanning, and wild card identification, inform the formulation of resilient strategic plans that are adaptive to emerging...

Pretty Young Professional, discussed in The Business Plan, failed because of disagreements among its four founders that

Question:

Step by Step Answer:

A Market Research Conduct thorough market research to understand the current landscape and the needs ...View the full answer

Entrepreneurship

Students also viewed these Business questions