Sweet Opportunities Due: 4/14 – end of class Worth: 25 points + 5 bonus points possible

Imagine you operate a consulting business, giving advice to people who are thinking about starting or expanding their own business. Read the client stories in this file, Sweet Opportunities (follow this link to the stories) http://www.econedlink.org/lessons/docs_lessons/533_Sweet_Opportunities.pdf

Then prepare a TYPE written recommendation and include the following:

1. Which form of business organization do you think is best for each client. Clearly state the reasons for your recommendations. 2. In each case, there will be some disadvantages to the business form you recommend. Identify at least two negatives for each. 3. Suggest how the client might minimize the disadvantages (in #2) based on the facts of the story.

As you prepare your report, keep in mind that starting a business involves more than just finding something to sell. The entrepreneur may need money for buildings, equipment and other start-up expenses. He or she must also know how to manage the business, or find someone else to work as a manager.

If you need additional information to help you make your recommendations, click on the titles below:

"Should You Have a Partner”

"What Type of Business Organization is Best for You?"

All these client stories are true. For 5 bonus points, who are the real-life entrepreneurs in these client stories?

For each story: Recommendation – 1 Point Reasons – 1 Point 2 Negatives – 2 Points Suggestions to Succeed – 1 Point

Grammar & Spelling – 5 Points Extra Credit – 5 Points