For Part 3, you will create either a PowerPoint presentation or a Google Slides presentation. Each question below needs to be an individual slide in your presentation unless the description states that you should have more than one slide. The questions to be answered along with an explanation following. What Is the Name of Your Business? Blosson INC. Organic Oyster Mushrooms. Business names should be professional and provide an idea concerning the product or service provided. Depending upon the type of business you choose, there may be legal requirements for certain words that your name must include. Businesses in the same state cannot have the same name. Summarize Your Business. Describe your product(s) or service(s). Describe the factors that you believe would make your business successful and state why. Will your business be a niche business? What Legal Form of Business Will You Organize? State which legal form of business you will organize and why the type of organization is appropriate for your business. What Steps Do You Need to Take to Organize? Describe the steps you need to take in order to establish the legal form of business that you selected. Analyze the External Business Environment. The factors that affect the external business environment are 1) Competition; 2) Economic factors; 3) Social factors; 4) Globalization, and 5) Technological factors. Analyze two of the five factors and state how and why the factors would affect your business. Develop an Organizational Chart. Create a pictorial representation of your businesss organizational chart on one slide. On a second slide provide a written description of your organizational chart. On a third slide, explain why you choose the organizational layers you chose. Business Capitalization. Describe at least two sources of capital for your business. Ensure that your sources of capitalization are legal and explain how and why they are viable sources of funding. What Steps Do You Need to Take for Business Implementation? List the steps that you will need to take to get your business started. Design a timeline for those steps.

Business law - Please focus on Organic Oyster Mushrooms Please