• The global economic crisis revolved heavily around the relationship of debt financing to the consumer housing market. Yet, as a result, small businesses had trouble getting bank financing. Describe some of the ways that local and state government can help a small business get debt financing.
• What government debt-guarantee programs might be available for a company like My Friends' Bookstore?
• Why might a small company be reluctant to apply for debt financing?
• What are the factors that an entrepreneur should consider when selecting a business location?
• How does the type of business impact each of those factors?
• How does the layout of the physical facility present an opportunity for strategic advantage?
• What does an entrepreneur need to know about the surrounding community, before selecting a site?