Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calvin Peters had recently graduated with an Internet Technology diploma from Wellmore College, eight (8) months ago. Since graduating, Calvin had taken a four-month holiday

image text in transcribed
Calvin Peters had recently graduated with an Internet Technology diploma from Wellmore College, eight (8) months ago. Since graduating, Calvin had taken a four-month holiday to get over being a professional student. Then, he spent the next four months checking things out and deciding what he did not want to do to make a living. Making money was very important to Calvin. His professors at college described him as full of dreams, but he never seemed to be able to follow through. He would set high grade achievement goals, but something would always happen, and he would fall short. He tended to blame others for his poor results. Calvin planned to start his own business: On-line Private Investigations. Calvin had all the business details worked out in his head and had worked out most of his Business Plan. He hadn't gotten around to writing it down yet, and he recognized that procrastination was his biggest weakness. Question #1 (15 points) Assess Calvin's potential as an entrepreneur or business owner. Explain your answer with what you learned about the important skills and attributes successful entrepreneurs have. Question #2 (10 points) What personal skills is he going to have to improve upon? And explain your answer Question #3 (30 points) Explain to Calvin five (5) things he will need to include in his Business Plan from a Lender's point of view and the reasons for including them. Explain what each of these items is; don't just make a list

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To AccountingAn Integrated Approach

Authors: Penne Ainsworth, Dan Deines

8th Edition

1119600103, 9781119600107

More Books

Students also viewed these Accounting questions

Question

7.3 Describe considerations in the preliminary applicant screening.

Answered: 1 week ago

Question

7.2 Explain the selection process.

Answered: 1 week ago