Description

After reading the chapters in this module, review the following three (3) topics below. Choose and post your response to one (1) topic. Then review and reply to a classmate who posted on a different topic. For example, if you posted a reply to topic #1, review and reply to a classmate who posted on topic #2 or #3.

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#1 Chapter 3 Distinguishing Between an Infatuation and a Good Opportunity
Many people become excited about an idea to start a business, but it is not necessarily a good investment opportunity. Explain a business idea you have from the perspective of its ability to be a profitable company.
#2 Chapter 4
What to Ask

You have decided to purchase a franchise and have set up a meeting with the franchisor. Discuss the kinds of questions you would ask them and, also, what kinds of questions you anticipate the franchisor would ask.

#3 Chapter 5 Outside Manager/Reluctant Family
You are getting older and must consider how your business will be run. You have had a tremendous manager working with you for the last 30 years, and a son who has a degree but is not interested in the business. Discuss the implications of this situation and some possible solutions to maintain the legacy of the business
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In order to earn the full points for this assignment, you must:

Begin your post with the Chapter # and topic
Clearly and accurately explain your answer based on factual information. (25 points)
Include examples, illustrations and/or applications in your answer. If you copy information from the Internet, you must cite your source. (25 points)

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