Page 183 - Introduction to Business

CHAPTER 4 Small Business and Entrepreneurship 157

Web Assignments 3. Use an Internet browser to explore small business
support groups in your area. What kinds of
1. Go to the Small Business Administration’s website organizations did you find? What kinds of support
(www.sba.gov) and look for a reference to starting do they offer to foster the success of small
your business. From the information there, put businesses in your community?
together a start-up checklist. 4. What kind of career fits you? Go to the U.S.
2. What kind of assistance can small business firms Department of Labor’s O*NET website,
obtain to export their products to other countries http://www.online.onetcenter.org, and explore
at the U.S. Department of Commerce’s website, occupations based on your personal skills and
www.export.gov? Give three examples of such characteristics.
support.

Portfolio Projects

Exploring Your Own Case in Point search for your company’s name there. What kind
This chapter examines principles of small business of data can you find? Also search for stock price
planning and development. However, many of these information about your company. How has your
principles are applicable to firms of all sizes. For your company’s stock been doing?
selected company, some key questions to answer in this
area are as follows. Starting Your Own Business
1. Does your selected firm have franchises? If not, After reading this chapter, your business plan should
why do you think that they are not used by the contain answers to the following questions.
firm? 1. How is your new business related to your own per-
2. What is your company’s credo or business philoso- sonal experiences and life?
phy? How does the firm implement this credo in 2. What is your vision for the new business?
practice? 3. Provide detailed descriptions of the firm’s products
3. Go to your firm’s website and find its accounting or services in addition to discussing their innova-
and financial information. If there is no website for tive or new aspects.
your firm, go to http://finance.yahoo.com/ and

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