Develop an idea for a new business and conduct a


1) Buying an Existing Business

a) From the e-Activity-> ( e-Activity: Use the Internet to find a business for sale in your community. Uncover as much as you can about the business in questio), discuss the best possible method for determining the value of the business you selected. Explain your rationale.

b) Create a strategy for negotiating the purchase of the business you selected in the e-Activity.

2) Feasibility Analyses and Business Plans

a) Develop an idea for a new business and conduct a feasibility analysis. Please be as creative as you like in the development of your idea (but as careful as you can be in your analysis of that idea).

b) Analyze the steps involved in crafting a winning business plan and make at least one recommendation for improving the process. Explain your rationale for making the recommendation you did.

4) Creating a Solid Financial Plan

a) Discuss the best way to leverage a breakeven analysis when defining a business strategy.

b) Analyze the 12 financial ratios mentioned in the textbook and determine which is the most useful to the greatest number of small businesses. Explain your rationale.

5) Managing Cash Flow

a) Analyze the steps involved in preparing a cash budget and determine which steps presents the greatest number of obstacles to the greatest number of small businesses. Explain your rationale.

b) Analyze the steps involved in avoiding a cash crunch and make at least one additional recommendation for doing so. Provide specific examples to support your response.

Use an easy vocabulary. Make it simple just answer the questions. 250-300 words

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Business Management: Develop an idea for a new business and conduct a
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