8 Selena Kim has often dreamed of starting her own web-based business selling vintage Asian jewelry. But she realizes she must do more than just dream. Before Kim invests her money, she needs to think carefully about her business, including potential competition, who her customers will be, and whether she has the potential to make a profit. Kim needs to which will help guide her thinking about this important step. Multiple Choice eBook Print tour similar, existing businesses write a business plan O take a seminar in starting a small business brainstorm options control her expenses Information about the product or service that your new business venture will provide goes in the section of your business plan. 9 Multiple Choice eBook O O Marketing Print Management O Executive Summary O O Introduction O Legal 10 Michael Khoury, a college student majoring in business management, looks forward to starting his own business after graduation. He knows there are all kinds of ways to come up with a business idea. One day he is brainstorming for ideas while watching his nieces and nephews play. He gets an idea for a new product, a bicycle that converts into a child's stroller. Khoury's idea is an example of Multiple Choice eBook Print simplifying an existing product. combining two or more products. spinning off one feature of a product. changing materials in a product to make it cheaper. adapting a product from one market to another market