MGT3960 Entrepreneurship Management Fall 2015

"There's a way to do it better—find it."— Thomas Edison

October 7, 2015
by dl106040
Comments Off on Setting Up The Company

Setting Up The Company

First I would like the mention that there is no one “best” form of ownership. All companies start small, but as to whether you want to start it yourself or with partners is your choice of course. To find out what type ownership suits you, there are a couple of factors one must consider before … Continue reading Setting Up The Company Continue reading

October 7, 2015
by dl106040
Comments Off on Why Do Business Plans Fail?

Why Do Business Plans Fail?

To investors, finding a successful business plan is like trying to look for a needle in a haystack. Even if a good business plans come around, would you be willing to risk an investment just for the word “good”? Therefore, many investors look for the best, and if it is not intriguing enough for them, … Continue reading Why Do Business Plans Fail? Continue reading

October 7, 2015
by JIAWEN WU
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Setting Up the Company

There are three most important factors to consider before choosing form of ownership for your company, Company Size – how big you want to grow your company Tax Consideration – avoid unnecessary cost Risk and Return – how much risk you want to take and how much return you expect to get also help you […] Continue reading

October 7, 2015
by Daniel Kvist
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Setting Up The Company

What are the factors in deciding what form of ownership is best suited for the potential business? When you start a business, you must decide whether it will be a sole proprietorship, partnership, corporation, or limited liability company (LLC). Which of these forms is right for your business depends on the type of business you … Continue reading Setting Up The Company Continue reading

October 7, 2015
by Daniel Kvist
Comments Off on Setting Up The Company

Setting Up The Company

What are the factors in deciding what form of ownership is best suited for the potential business? When you start a business, you must decide whether it will be a sole proprietorship, partnership, corporation, or limited liability company (LLC). Which of these forms is right for your business depends on the type of business you … Continue reading Setting Up The Company Continue reading

October 5, 2015
by JIAWEN WU
Comments Off on Why Do Business Plans Fail?

Why Do Business Plans Fail?

Business plans fail for thousands of reasons when you test them in the real world. However, when you really look at them and try to summarize those reasons, there are probably only few main reasons that why they failed. You don’t understand your own products/services/team enough. In this scenario, you will most likely end up […] Continue reading