DQ 1\t\u00a0\t1.\u00a0\u00a0\u00a0 What types of advantages create a business opportunity?\t2.\u00a0\u00a0\u00a0 How might these types of advantages be obtained? Name a small business, with which you are familiar, that thrives due to a business advantage.\t3.\u00a0\u00a0\u00a0 What advantage does that company have over other businesses in the same industry?\t\u00a0\tDQ 2\t\u00a0\t1.\u00a0\u00a0\u00a0 What are the advantages of purchasing an existing business opposed to opening a new venture?\t2.\u00a0\u00a0\u00a0 If a business is purchased, what factors would influence the decision to grow the business versus operating the business as is?\t3.\u00a0\u00a0\u00a0 Suppose you purchased a small business. What would you do to ensure your business is financially successful? What would you not do?\t\u00a0\t\u00a0\tDQ 3\t1.\u00a0\u00a0\u00a0 What factors determine the amount of working capital that a new small business must budget?\t2.\u00a0\u00a0\u00a0 Suppose you start a business that has a soft opening and sells half of the expected product in the first quarter. You notice towards the end of the quarter that sales pick up near what was expected. How much working capital might you need to budget ahead of time to overcome this obstacle, and how would you obtain this amount of working capital?<\/p>\n","protected":false},"excerpt":{"rendered":"
DQ 1 \u00a0 1.\u00a0\u00a0\u00a0 What types of advantages create a business opportunity? 2.\u00a0\u00a0\u00a0 How might these types of advantages be obtained? Name a small business, with which you are familiar, that thrives due to a business advantage. 3.\u00a0\u00a0\u00a0 What advantage 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-216502","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216502","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=216502"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/216502\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=216502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=216502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=216502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}