Based on the material covered in this chapter, what questions would you ask the firms founders before
Question:
Based on the material covered in this chapter, what questions would you ask the firm’s founders before making your funding decision? What answers would satisfy you?
Business Idea: Create a workout studio franchise that allows patrons to strap on gloves and punch and kick their way to a healthier, happier, and fitter life.
Pitch: Kickboxing is a group, stand-up, combat sport based on kicking and punching. It is practiced for selfdefense, general fitness, or as a contact sport. Kickboxing is a combination of boxing and karate. In a kickboxing match, participants wear protective gear and score via punches and kicks, which are allowed above the waist, and foot sweeps, which are executed below the ankle. In a kickboxing match, punches, kicks, and foot sweeps are awarded one point apiece. Kicks to the head or jumping kicks to the body are awarded two points. Jumping kicks to the head are awarded three points. A kickboxing match lasts three rounds. There are a number of kickboxing leagues and competitions around the world. Championship caliber kickboxers are among the leanest, strongest, and most imposing athletes in the world.
Step by Step Answer:
Entrepreneurship Successfully Launching New Ventures
ISBN: 9781292255330
6th Global Edition
Authors: R. Duane Ireland, Bruce R. Barringer