How can entrepreneurs make accurate predictions about the growth of new business opportunities
BSA493 Entrepreneurship, Forecasting and Harvesting (2 part Discussion Question)
Your responses must demonstrate an understanding of key concepts; further the discussion by providing an original and relevant insight; and include a rationale, evidence, or example.Each part should be a full page complete with APA and in-text formatting
Part 1
How can entrepreneurs make accurate predictions about the growth of new business opportunities? How can entrepreneurs prepare to take advantage of the factors that grow a business and to avoid the factors that can hinder that growth?
What are some common risks associated with starting a new business? What are some specific strategies entrepreneurs can use to mitigate those risks?
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Part 2
What are the primary harvest options available to entrepreneurs? What are the advantages and disadvantages of each option? Which is the most appropriate for your business idea?
What are some examples of entrepreneurs who have parlayed their success in one endeavor into other successful endeavors? What strategies did they employ to take advantage of the new opportunity?
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