Develop at least a 100-word essay for each question in APA format, 6th edition. Use at least one or two references and therefore, one or two citations in the text. Submit the assignment in the corresponding forum, during this week.
1.Linda Henricks is thinking about starting a firm in the home health care provider industry. When asked by a potential investor if she had studied the industry, Linda replied, “With the aging of the population and the fact that people are living longer than ever, the home health care provider industry is so full of potential it doesn’t require formal analysis.” In what ways will Linda limit her possibilities with the potential investor if her current attitude about the importance of industry analysis doesn’t change?
2.What is your organization’s industry analysis and why is it important for the firm to analyze the industry in which you choose to compete? This is a related question for edm music event business plan. 3.Explain the nine components of your business model canvas. This canvas is related to edm music event business plan.
4.A good friend of yours, Andrew Waters, has decided to leave his corporate job in order to launch a private SEO (search engine optimization) consulting firm. He is putting together a business plan for this venture and says the following to you, “I’ve read several books and articles about how to write a business plan, and there is a point about which I am still a bit confused. Is a business plan written more for learning and discovering or is it written more for pitching and selling?” What would you say to Andrew in response to his question?
5.Recently, Megan, Jennifer, and Mark, the co-founders of a medical products company, presented their business plan to a group of investors in the hopes of receiving funding for their venture. One of the investors asked the three, “How much of your personal money do each of you have invested in this firm?” Is this a legitimate question for the proposed investor to ask? Why would an investor want to know how much of their own money each co-founder has committed to the proposed new venture?