An idea' always precedes an opportunity'. The Jacket Factory simulation was basically an exercise in making good business decisions and in keeping accurate accounts. The talk by Paul Boyco stressed the role of the cash flow forecast. A crucial first step in the building of a venture plan is the development of a marketing strategy. A carefully designed sales forecast is the least important part of your venture plan.
Trademarks are an original creative work of a written or artistic nature.
It is important to describe your potential customer in the business plan. An advantage of a corporation is that it is easier to raise capital. Answer in complete sentences and paragraphs on the foolscap provided. List these four factors, and in a brief essay, identify four questions under each factor and evaluate how each is related to your business idea. The guest speakers presented information intended to demonstrate Entrepreneurial Attitudes and Skills.