BSM 330 Final Project

Directions: For this final, need to be preparing a BusinessReport for a small sole proprietorship coffee shop business, that is looking to expand. In order to make good business decisions and must compile a report for stakeholders and investors. Make sure to label each section with the appropriate heading for readability. this Report should thoroughly address all prompts and come to a conclusion.

The final should explain the following in detail:

Develop a formal business report in which to do the following:

1. Discuss the environmental and economic factors that impact your business. Make sure to includeeachof the following:

• Definebusinessand identify potential risks and rewards.
• Discuss what you must do to be successful in the world of business.
• Identify the ways to measure economic performance for this business.
• What factors can affect the coffee business environment
• Provide a detail description of possible business structures for this business as it expands.
• Compare and contrast the advantages and disadvantages of small business and a franchise business.

2. Discuss the organization, and control process of the business. Make sure to includeeachof the following:

Describe the four basic management functions: planning, organizing, leading and motivating, and controlling.

Identify the key management skills of successful managers.

Explain what new job positions this company would need to consider for expansion, Including management roles.

Describe the major components of human resources management, and how could this company implement these as part of their organization.

3. Discuss the business processes. Make sure to includeeachof the following:

• Explain what would be this company's nature of production?
• Explain how purchasing, inventory control, scheduling, and quality control affect production.