Concept
What information should you investigate before buying a small catering business?
IntroductionToBusiness OP 8D04gAa / Preparing for Tomorrow's Workplace Skills
"3. A small catering business in your city is for sale for $250,000. The company specializes in business luncheons and small social events. The owner has been running the business for four years from her home but is expecting her first child and wants to sell. You will need outside investors to help you purchase the business. Develop questions to ask the owner about the business and its prospects, as well as a list of documents you want to see. What other types of information would you need before making a decision to buy this company? Summarize your findings in a memo to a potential investor that explains the appeal of the business for you and how you plan to investigate the feasibility of the purchase. (Information, Interpersonal)"
Related Ideas
- What should you investigate before buying an existing catering business?IntroductionToBusiness OP 8D04gAa · Preparing for Tomorrow's Workplace Skills
- What questions should entrepreneurs ask when buying a business, and how can they evaluate its sale price?IntroductionToBusiness OP 8D04gAa · Working the Net
- What resources can help entrepreneurs evaluate small-business support and the value of a business for sale?IntroductionToBusiness OP 8D04gAa · Ethics Activity
- What legal requirements should you investigate before starting a company?IntroductionToBusiness OP 8D04gAa · Preparing for Tomorrow's Workplace Skills
- How should you choose a business structure and develop a business plan?IntroductionToBusiness OP 8D04gAa · 5.4. Ready, Set, Start Your Own Business*
- What are the first steps to take when starting your own business?IntroductionToBusiness OP 8D04gAa · 5.4. Ready, Set, Start Your Own Business*
- What should prospective franchisees investigate before buying a franchise?IntroductionToBusiness OP 8D04gAa · Critical Thinking Case
- How can you evaluate whether a prospective franchise is right for you?IntroductionToBusiness OP 8D04gAa · Preparing for Tomorrow's Workplace Skills