Question: Suppose that you have developed an idea for a new business service. You have limited capital and you do not want to drop out of

Suppose that you have developed an idea for a new business service. You have limited capital and you do not want to drop out of college. How might you successfully startup a new business to use your idea?

Step by Step Solution

★★★★★

3.39 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 Consider starting parttime 2 Hire ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

599-B-M-L-B-P (621).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

You are a pension consultant who was recently engaged by Awesome Benefit Company (ABC) to become the valuation actuary for their frozen defined benefit pension plan. You have also been hired to help...

Suppose that you have just been hired as a part-time clerk in a large department store. Each week you work three evenings and all day Saturday. Without the income provided by this job, you would be...

Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufactures sophisticated spy cameras for remote- controlled military reconnaissance aircraft. The...

4. Suppose that you have developed an idea for a new business service. You have limited capital and you do not want to drop out of college. How might you successfully start up a new business using...

Supposed that you have developed an idea for a new business service. You have limited capital and you do not want to drop out of college. How might you successfully start up a new business without...

MiniCase 11 DOC MOTOR Meet the Team-S.. in (24) Mavis Tang L. 8-76: A Sounde start S https Mini Case: Social Entrepreneurship - The Sounde App Instructions: Read the assigned "Thinking Critically"...

Paragraph Styles Questions: 1. How would you characterize Uber's business model and strategy? What are the key elements of its customer value proposition? Its profit formula? Its approach to...

Discussion 7 questions make sure to answer all parts of questions detailed Read the Nasdaq article. Select one of the companies and state why you would be willing to invest in the IPO as part of your...

SUMMARY OF THE FOLLOWING Cornelius Vander Starr wanted to see the world. In 1918, the 26-year-old Californian emptied his bank account to purchase a one-way ticket to the Far East on a steamship....

Conclusion of the case. Cornelius Vander Starr wanted to see the world. In 1918, the 26-year-old Californian emptied his bank account to purchase a one-way ticket to the Far East on a steamship....

Would buying a car from a mechanic who works at a car dealership qualify as purchasing a car in the ordinary course of business? [Steele v Ellis, 961 F Supp 1458 (D Kan)]

Holmes Products, Inc., produces plastic cases used for video cameras. The product passes through three departments. For April, the following equivalent units schedule was prepared for the first...

Evaluate the given expression for x = 8 . 8 x + 3

ACC 225 GROUP PROJECT 5 During 2018, The Chen Corporation had the following actual results: Thing One Thing Two Finished Units: Units Completed and Sold 65,000 40,000 (Assume the sales price per unit...

Snowshoe, Inc. ("Snowshoe"), a ski resort located in Colorado, was organized by its four individual shareholders CA, B, C and D) and began operations on October 3 of the current year. A owns 300...

Pearls, Inc. had sales in 1993 of $2.1 million. The common stockholders received $400,000 in cash dividends and preferred stockholders were paid $200,000. Interest totaling $150,000 was paid on...

Why is it permissible to violate generally accepted accounting principles when preparing reports used strictly by company management?

A trusted full-time office manager/bookkeeper for a small law firm (3 employees) embezzled $60,000 from its two attorneys over a two-year period. The attorneys trusted her to handle all the...

10 What are premium deficiencies? How are they accounted for? (LO3)

What are creative ways that you can retain your first employee and ensure you are meeting his/her needs? Consider how you can meet or exceed the employees psychological contract.

Lennys Used Book Store is doing pretty well. Lenny has been the sole employee as well as the owner since it started a year ago. At this point, he limits the hours he is opened and simply shuts the...

How did the small businesses find the following employees? Wendell was happy to help out his brother on weekend until he could afford to hire extra help. Milton lived in Nebraska but worked in...

PLEASE TELL ME YOUR THOUGHTS ON THIS ARTICLE. ELABORATE AND EXPLAIN. Shareholder equity appreciation and value management has increasingly become the dominant focus of corporate managers and company...

Down Under Boomerang, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.73 million. The fixed asset falls into the three-year MACRS class....

Imagine you are a provider of portfolio insurance. You are establishing a four-year program. The portfolio you manage is currently worth $70 million, and you promise to provide a minimum return of...