Business Homework
You will build on the homework. You will need to define the legal form for this business. For a business to be successful, it must have a clear organizational structure. You will need to define the structure for your business, including the number of employees required and a breakdown of their job titles and a description of their jobs. It is critical that employees work as a team, and you will need to define how you will create an atmosphere of teamwork and collaboration. It is also necessary to show how you will evaluate the stakeholders in the business and make sure that they are involved and understand how they are affected. Funding a business can be very challenging, and this homework requires you to define the funding sources. Last, you will be challenged to innovate your business, so the homework requires you to define the technology that will be used to create innovation. In the second homework, you have the option to write a research paper or develop a PowerPoint presentation that will take you through the next steps of the journey to start a small business.
Use the same business idea you used for the first homework, to complete this homework. Write a 4 to 6 pages paper or develop a 10 to 12 slides PowerPoint presentation with presentation notes in which you do the following:
a. Choose the legal form of organization for the business and support your choice.
b. Determine the organization structure that is needed initially to get the business operating, including the number of people necessary to get through the first year of operation, their job titles, and short job descriptions.
c. Propose at least three methods to encourage the employees to work together and build an effective brand.
d. Evaluate how your business will affect the various goals of the different stakeholders, including investors, employees, customers, and the community
e. Suggest a way to fund the business. Recommend how to attract equity investors.
f. Analyze how much of the funding should come from debt and how much from equity. Support your evaluation.
g. Determine the type of technology that is required to innovate this business to improve the growth and profitability of the organization.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.