Why is strategic planning important for entrepreneurs? (1000 words please!)
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Why is strategic planning important for entrepreneurs? (1000 words please!)
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- At the Growth phase of your burger business (started with $10,000) , what internal and external growth strategies can you take for this business? Explain with proper justification.How should Jamba Juice compete? What options does Jamba Juice have for managing growth?You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.
- Imagine you are an entrepreneur launching a business planning to operate both domestically and abroad. You are currently developing your marketing plan and strategies. Develop a 1,050-word analysis addressing the following: · Describe your organization's mission, vision, and values. · Explain how these values will be aligned to your own personal brand identity, ethics, and values when doing business, planning strategies, and solving problems. · Discuss at least two concepts from class that are elements of a marketing plan and are important tools to your entrepreneurial business' success. Discuss how the concepts help align the organization's values with your values. Explain the reasoning leading to these conclusions. · Select…What is the difference between an “enterpriser” and an “entrepreneur”? What characterizes the transition and change stage of an enterprise life cycle? Why men are more like to start businesses than women? What factor might account for this difference? How important is education for starting a business? Why ? What are the six principles of managing goals? How will these principles help?Explain what are some effective strategies for funding a new business, and how do entrepreneurs decide which strategy is best for their specific needs?
- Watch the video below and then explore the sba.gov website. Summarize the highlights of the video and the sba.gov website in 300 words and connect them to chapter 5 around the concept of business planning. If you have any questions please let me know. https://youtu.be/lZi4A9pyJb4 https://www.sba.gov/business-guide/plan-your-business/write-your-business-planPlease no written by hand and no emage Watch the short video from the link below read the information below the link and share your comments about franchises as family-owned businesses? Franchise Economy(Links to an external site.) Links to an external site. Family-owned businesses are the original mom-and-pops of Main Street, and they're feeling optimistic in the new year, according to new data. Pricewaterhouse Cooper's "US Family Business" survey finds family businesses are feeling upbeat on growth projections, as 79 percent of respondents expect "steady growth" in the next five years. What's more, 70 percent reported revenue growth in the past year, according to the survey released Tuesday. This sunny outlook is also in line with the National Federation of Independent Business' optimism index for December, which broke 100 for the first time since October 2006. PwC's survey was conducted among 154 family-owned and operated U.S. businesses across industries from manufacturing to…With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan.
- 1. What are the differences between traditional and entrepreneurial marketing? 2. How does a marketing plan help an entrepreneur? 3. How does customer service impact sales of a new business?Why was Andrew Houston, the creator of Dropbox, a unique entrepreneur?1.Explain one difference between internal and external growth strategies. 2.Explain one reason why firms go for growth. 3.Describe one potential payoff for establishing a strong business ethical culture among entrepreneurs. 4.Identify two of the primary financial alternatives for raising capital for a new venture. 5.Describe what is trademark.