Evaluate New Business Or Franchise To Consider

 

 

Write an evaluation of three types of entrepreneurial opportunities for starting a business venture. Then identify an actual new business or a franchise opportunity (in a new location) that you would consider starting and operating and explain the reasons why. Include the type of legal structure you would use to start your new venture.
This assessment examines the foundations of entrepreneurship, legal structures for new ventures, and types of new ventures to consider. You will evaluate the advantages and disadvantages of:
Starting a new business.
Buying an existing business.
Buying a new franchise.
You will also identify an actual new venture opportunity you would consider starting and operating.
An entrepreneur is defined as a person who creates a new business in the face of risk and uncertainty for the purpose of financial gain and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them (Scarborough & Cornwall, 2019). One of the first considerations for an entrepreneur is deciding what type of business to create for a new venture. There are disadvantages and advantages to the various types of new venture opportunities, and selecting the type that is right for you has considerable implications for the success and outcomes of your new venture. One key area that can help you decide what type of new venture to start is a solid understanding of the legal structures for different types of new ventures.

 

 

 

Sample Solution

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understudies. Given the expected worth of such figures propelling scholastic achievement and hence impacting results like maintenance, wearing down, and graduation rates, research is justified as it might give understanding into non-mental techniques that could be of possible benefit to this populace (Lamm, 2000) . Part I: INTRODUCTION TO THE STUDY Introduction The country is encountering a basic lack of medical care suppliers, a deficiency that is supposed to increment in the following five years, similarly as the biggest populace in our country’s set of experiences arrives at the age when expanded clinical consideration is essential (Pike, 2002). Staffing of emergency clinics, centers, and nursing homes is more basic than any time in recent memory as the enormous quantities of ‘people born after WW2’s start to understand the requirement for more continuous clinical mediation and long haul care. Interest in turning into a medical caretaker has disappeared as of late, presumably because of the historical bac

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