Entrepreneurship Management -Entrepreneurship
80 words on each questionsIfyouhave helped a company go into international trade, please share your experienceand what obstacles your company faced.What are some advantages and disadvantages that small businesswould have in international trade?Has anyone had to sign a noncompete agreement foremployment? What was your experience with it? If not have you heardgood or bad about them? What are your thoughts from an employer/employeestandpoint regarding a noncompete? Are they worth it? Are they really enforceable?How much say, involvement, oversight etc. should government havein creating and enforcing safety laws and various regulations overbusinesses? How much responsibility should fall onbusinesses tomake their own standards and policies to be good stewards of the community?Explain.After interviewingyour entrepreneur, does it make you want to start a business or not? Explain.What channels will you use to marketyour business to your customers? Explain why you chose the channels you did.What TV ad really stands out for you and why? Did itconvince you to buy the product? Explain.Do you have plansin your business plan for business continuity? What are they?(Hint: most people don't think about this until they are ready to get out,sell, or a business partner passes away. It's a common problem worththinking about now. You can Google it for some ideas.)Have you served ona board? (For-profit business or non-profit?) What was yourexperience? If you haven't served, have you experienced a"good" board or a "bad" board? What was it that madethem good or bad?What legal form ofbusiness would you choose for your business and why?Should thegovernment provide grants for entrepreneurs starting new businesses? Whatbenefit is it to taxpayers?How often should anentrepreneur review their financial statements and why? (Cash flow,income statement, balance sheet) Explain for each. Many business owners Iwork with don't have them and/or don't know what a balance sheet is. Isthis an issue?Top of Form13. Should an entrepreneur watchcashor profits? Explain. What if they track cash and not profit andvice versa?
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