Principles of business

Assignment Questions:

Everyone is a bit of an entrepreneur.  What business have you always dreamed of starting? What would be your plan if you decided to actually start the business? What would be your competitive advantage? What do you think will be the growth areas of our economy in the future that entrepreneurs might want to capitalize on?

Review the costs of becoming a McDonald’s franchisee. How much does it cost to buy a McDonald’s. Do you feel it would be a good investment? What are the pros and cons to franchise ownership?McDonalds.com

What is your opinion of the crowd sourcing options for financing like kickstarter? Review the website and a few offerings and report back on your findings. www.kickstarter.com Do you think this is a viable option to finance a new venture?

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