Selecting a Business Location\tInstructions:\tPurpose of Assignment\tSuccessful small business owners look to others for counsel on\timportant business decisions. In this assignment you will work with your\tin-class counsel (learning team) to come up with ideas, calculate risks,\tand contemplate opportunities related to choosing a location for your\tbusiness operations.\tYour company is thinking about purchasing a small, successful\tbusiness. You have two choices: Small Business A or Small Business\tB. The purchase price of each business is $250,000 (and you cannot\tspend more than that, so acquiring both is not an option).\tReview the following data:\tSmall Business A:\tRevenue = $100,000 in year one, increasing by 10% each year.\tExpenses = $20,000 in year one, increasing by 15% each year.\tDepreciation Expense = $5,000 each year.\tTax Rate = 25%\tDiscount Rate = 10%\tSmall Business B:\tRevenue = $150,000 in year one, increasing by 8% each year.\tExpenses = $60,000 in year one, increasing by 10% each year\tDepreciation Expense = $10,000 each year\tTax Rate = 25%\tDiscount Rate = 11%\tAssignment Steps\tIdentify the key factors to be considered when it comes to choosing a\tbusiness location.\tAnalyze how models such as Reilly’s Law of retail gravitation can affect\tunderstanding the competition and financial success.\tCreate a team presentation of 25 slides in total with appropriate\treferences in which you outline the key factors you used to select a\tbusiness location. Explain why the choice of location can make or break\ta business, and analyze how capital budgeting impacts location in both\tthe short and long run.\tClick the Assignment Files tab to submit your presentation.\tNote: For presentations, you may use any presentation software of your\tchoice.\tSupportingMaterial:Understanding Capital BudgetingResource:\tDesigning an InfographicResource: Office SwaySelecting a Business\tLocation Grading Guide<\/p>\n","protected":false},"excerpt":{"rendered":"
Selecting a Business Location Instructions: Purpose of Assignment Successful small business owners look to others for counsel on important business decisions. In this assignment you will work with your in-class counsel (learning team) to come up with ideas, calculate risks, Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-216501","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=216501"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216501\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=216501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=216501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=216501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}