Given the scenario, your role and the information provided by the key players in

Question

Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision. If you are finished reviewing this scenario, close this window and return to this Week's You Decide tab, in eCollege, to complete the activity for this scenario. You can return and review this scenario again at any time. Assignment or Assignment Assignment Create investment criteria for Mr. Johnson that will outline what his company will be willing to evaluate for investing. The criteria will be created by you, which will be posted on the website to be seen by entrepreneurs. Here are some examples of criteria, but not limited to the following. Development Stage: What stage does your investor prefer (concept, idea, break-even)? Geographic Location: Location the investor prefers. Industry: The industry your investor prefers. Revenue: Outline the level of profit you want the company to show. Return on Investor (ROI) Desired: The amount of ROI you desire. Technology Focus: The focus of the entrepreneurs' technology (i.e., biomedical, Internet, etc.). Management: Level of experience you desire from the management team. Sustainable Competitive Advantage: A demonstration of the competitive advantage. Exit Strategy: The exit strategy your investor prefers. Size of Market: The size of the marketplace that you prefer. Size of Investment: The range of the investment your investor is willing to disperse. Proof of Concept: A list of sales and a prototype required. Your proposal should be 2-3 pages in length with a detailed list of your criteria and explanations for the criteria.

Explanation / Answer

starting a business is always involves many riks factors. Your business will need an official structure to be able to file taxes and collect revenue. The different business structures are sole proprietorship, partnership and a legal entity, such as an S-corporation or an limited liability corporation. With a sole proprietorship or partnership you will need to contact your state business license office to register your company name. Then you can open a company bank account, accept checks made out to your company name and pay taxes for your company. Contact your state senator's office to find out where your state business license office is located. A legal entity is formed with the help of a corporate attorney. You can consult the attorney before determining which kind of legal entity would be best for your business.

Whether you plan on incorporating, you should create company bylaws that will dictate how decisions are made, the company hierarchy, employee policies such as dress, and conduct and human resources procedures, such as hiring and firing, according to online business resource The Company Corporation.

The state business license office may also require your particular kind of business to be certified. For example, in the state of New York companies looking to asbestos abatement work, or companies from out of the state that want to do contracting jobs in New York, must be certified with the state, according to state certification resource website Contractors-License.org. Check with your state licensing office to see if your business requires any certifications before you can begin conducting business.

usually majority of the investors considers the break even level on an ivestment.

they expects higher rate of return on the investment. the business should be technically feasibe and viable only. when it comes to market place and market size, it should be in an optimum size only.

Related Questions

Navigate

• Browse (All)
• Browse G
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.