Entrepreneur Interview

Entrepreneur Interview Order Description You are required to interview an entrepreneur. The format is to rewrite the questions (1-6) with the entrepreneur's answer to follow. A major portion of the grade will be question #7, your evaluation and recommendations. It is suggested to use a business or similar business selected for the start-up feasibility study. Service businesses such as real estate firms, insurance agencies, or software companies are not acceptable. The business must be a bricks and mortar type of company. You would need to submit a 2-3 page report of their findings along with their recommendations to improve the business. Remember, there are no perfect companies. Every company can be improved. A. Visitation - visit a firm that is the same as or similar to the one you have chosen for your small business (its Starbucks) start-up plan. B. Questions - the following is a list of subjects to discuss with the founder/owner: 1. Legal Structure - Corporation (C or Sub S), Limited Liability Company, Partnership, or Sole Proprietorship? 2. Goals and Objectives 3. Marketing mix 4. Personnel - organization chart, how do they recruit? 5. Finance - how did they fund the original start-up capital? 6. Internet - do they have a web site/e-commerce? 7. Recommend Improvements - from what you saw and heard, what changes would you make? '