You may choose any business venture for your write-up of about 3 pages. For the business venture that you have selected, you are required to evaluate specific factors of the venture. You may evaluate the following factors:

1. The business environment the local environment for the business venture should be analysed to establish the potential of the venture in its present location.
2. Profit, sales, and operating ratios to estimate the potential earning power of the business, you should review the past 2 years profits, sales, and operating ratios.
3. The business assets the tangible and intangible (e.g. reputation) assets of the business need to be assessed.
4. Information about the business venture:
   1. The performance of the company
   2. The nature of its competition
   3. The condition of the market of the companys products or services
5. Key questions that you need to ask:
   1. What is the current physical condition of the business? E.g. Does the company own the building? If it does, how much repair work needs to be done?
   2. What is the condition of the inventory? E.g. How much inventory does the current owner show on the books?
   3. What is the state of the other assets of the business? E.g. A machine shop may have various types of presses and other machinery. The question to ask about all these equipment is, Is it still useful, or has it been replaced by more modern technology?
   4. What type of competition does the business face? Do a competitor analysis i.e. compare the products, markets, and financial performance of one other competitor.
   5. What does the financial picture of the business look like? E.g. Companys profitability, profit trend (over 3 years) and its debts.