During college, Elise earned extra money by using her culinary skills to cater special parties for various small community events and activities for community members.$$ After graduation, she decided to turn her part time job into a full$-$time business that she plans to expand in the future. Expansions could include adding employees, potential educational opportunities that focus on becoming a professional chef, renting space for her business and possible capital expenditures such as buying a building for her business. Elise has visions of grandeur for herself, aspiring goals to grow and use her skills. The business side of the venture is the area she is least familiar.$$

What should Elise do$?$ She has the goal of maintaining complete control of the business.$$

Develop a list of short term and long$-$term goals that Elise should do prior to starting her business.

Develop a list of processes she will need to think about and accomplish as she starts her business

Which type of business format do you believe she should pursue for this type of business for her goals and why?$$

Remember to think not just about the immediate time frame but also "down the road" as her business hopefully matures and grows.