ENTR 510 Week 1 Case Study Alison Barnard (2 Papers)
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Is this business scalable? Discuss the limitations and challenges.
What tasks and goals should Alison be focusing on at this stage of her venture?
Discuss the signing of a lease prior to having the money. What was the risk?
Discuss her fundraising and valuation. If you were an equity investor, what return expectations would you have?
If women are coming to Alison's store from all over, how important is location? Discuss the implications for growth. ==================================================
ENTR 510 Week 2 Case Study Vera Bradley (2 Papers)
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1. Describe the personal attitudes of the two entrepreneurs and their approach to challenges and opportunities.
2. What resources were critical to getting the company off the ground?
3. Comment on the market research and the level of analysis and planning employed by Barb and Pat.
4. What is your opinion of the company’s sales and distribution strategy? Its production strategy? Can you cite feasible alternatives to these, given Vera Bradley’s resources?
5. What appear to be the critical brand-building factors in this industry? Are the founders focused and executing the right things?
6. Will Vera Bradley’s initial focus on middle-aged and older women lock it out of expansion to a younger demographic market?
7. Describe the network of helpers and stakeholders enlisted by the two founders and how that network helped the company.
8. Is Barb and Pat’s focus on company culture advisable during this early stage of company development and growth? Comment on the sustainability of that culture and if and when the company experiences major growth.
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ENTR 510 Week 3 You Decide Blue Note Cafe (2 Papers)
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ENTR 510 Week 3 You Decide Blue Note CafĂŠ
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ENTR 510 Week 5 Midterm P’ Kolino INC (2 Papers)
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For your Midterm paper, you will review the business plan of P'kolino Inc. (ATTACHED) and write a comprehensive essay to address the questions below. This case contains a manageable amount of material and presents the opportunity to consolidate the material covered to date in the course. Please note: this a large case, which is why you have been given two weeks to complete the midterm. Preparation Questions P'kolino is a children's furniture company that was launched in 2005. As you read the business plan, keep the following questions in mind:
1. Does the business plan tell a coherent and compelling story? 2. Does the plan capture all of the learning that Antonio and JB have accumulated? 3. What three questions do you think Antonio and JB need to answer through further planning before they launch the venture? 4. What are the three strongest aspects of the plan? 5. What areas need improvement?
• Entrepreneurial Attributes:On page 37 of their business plan (page 298 in your textbook), the section "The Team" briefly lists the founder's information. While in the case study there was not specific discussion about the attribute of the co-founders, , think and hypothesize a about a possible list of attributes that you think the co-founders may possess. Which three are the most important; why do you think so? How did these attributes help them succeed? • Business Plan:Does the business plan tell a coherent and compelling story? Does the plan capture all of the learning that Antonio and JB have accumulated? What are the three strongest aspects of the plan? What three areas need improvements? Explain why you chose the improvements that you chose and what you think will be the result if the improvements you recommend are implemented. • Future Questions:What three questions do you think Antonio and JB need to answer through further planning before they launch the venture? Share the rationale and logic behind your questions.
• Funding: Would you invest in this firm? Why or why not? Share the reasoning and the rational for your decision to invest or not invest in this firm. Paper Length: The midterm should be written in essay format (Introduction, Main Points, and Conclusion) and should be 1,000 to 1,500 words that address the four topics listed above. Please be sure to use APA formatting and list any relevant sources.
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ENTR 510 Week 6 Case Study MetaCarta (2 Papers)
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Why has this deal attracted venture capital?
Should MetaCarta take the Sevin Rosen offer?
How was the valuation determined?
Is there anything MetaCarta could do to improve the valuation?
What would you, as an angel investor think about the current terms?
What if anything can you do about it?
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ENTR 510 Week 8 Final Assignment (2 Papers)
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Here are the questions for your final assignment. These questions will cover the material from Weeks 1–7 of this course and the assignment is due at the end of Week 8.
1. Why are small businesses an important consideration for state and federal politicians?
2. Explain, in your own words, Schumpeter’s view of entrepreneurship’s role in an economy and society.
3. What are the stages described in the model of the entrepreneurial process? What are the factors that give birth to a new enterprise and influence how it develops from an idea to a viable enterprise?
4. Explain the rationale behind the statement, “A first class team with a second-class idea is better than a second-class team with a first-class idea.”
5. Why is the statement, “My startup has no competition,” always wrong? How can you find out about your competitors?
6. What can an entrepreneur do when there are no business opportunities at all?
7. What are some of the trade-offs of the first mover’s advantage?
8. Why is marketing critical for entrepreneurs?
9. Why is the marketing done by entrepreneurs different from marketing done by established companies?
10. Explain why solo entrepreneurs are generally less successful than team players.
11. Describe the pros and cons of a dual job strategy at the early stages of the venture.
12. Three major problems your team may face are burnout, interpersonal conflicts, and family pressure. Describe how you can prevent and overcome them.
13. Inexperienced entrepreneurs often believe the misconception that a business plan is solely designed as a brochure for investors. The financial benefits of using a business plan to raise capital are well known. What are some additional benefits?
14. What are the critical risks entrepreneurs need to identify in the business plan?
15. Explain why it is important to construct pro forma financial statements for new ventures.
16. Describe venture capital investing from the perspective of the firm’s general partners.
17. Name the ways of valuing a business, and explain why none of them can be called ideal.
18. Give a list and a brief description of the possible ways to finance a new venture.
19. Provide a list of criteria an ideal candidate for venture capital has to meet.
20. To qualify for assistance from the Small Business Administration, the proceeds of an SBA-guaranteed loan must be used for what purpose?
21. What are the pros and cons of patenting a product?
22. List the common business entities and describe them.