Why is it a terrible idea to start a restaurant?
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Why is it a terrible idea to start a restaurant?
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- how would you apply the knowledge to a future career?What talents or skills do you need to run the business?Create 150 questions like the following for a pastry shop: Do you have the financial capacity for this type of business? Do you have the raw materials available and nearby? Do you have qualified labor available? Is labor expensive? Do you have the technology you require available? Is it necessary to dedicate a lot of time and effort? Do you have skills to manage this type of business? Is the business idea innovative? Is it easy to sell the product? Are there government policies or franchises or subsidies for your product or activity?
- What skills do you think good mangers should have that are in opposition with the required skills of entrepreneurs?How much control will you have over the daily operation of the business?Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible onto her circumstance. Which form of business would be best for Rita?