You are promoting a rock concert in your area. Your purpose is to earn a profit, and you organize Concert Enterprises as a sole proprietorship.

Questions

Make a detailed list of $10$ factors you must consider to establish the business.

Describe $10$ of the items your business must arrange in order to promote and stage the rock concert.

Assume that you will continue to promote rock concerts if the venture is successful. If it is unsuccessful, you will terminate the business within three months after the concert. Discuss how you will evaluate the success of your venture and how you will decide whether to continue in business.