smallbusinessdevelopment

Joanne Prince

Page history last edited by joanne 2 yrs ago

Joanne L. Prince November 4, 2007

Small Business Development

Assignment # 1

P. 1-16 to 1-17 1. B 2. C 3. A 4.C

5. C 6. A 7.A 8. C

Score: # 5 in error and # 7 A & B best response

P. 1-29 Score: 30/30

P. 1.31 to 1.32 Score: (25) Yes (1) No

P. 1-34 to 1.36 Score: 1. 82 (is there a reason for no score on g?)

2. 84

3. 65

Total: 226 “good chance”

Assignment # 2

Political: 1. Reduction of GST & Business Tax

2. Instability (political & economic changes – USA)

3. House Inspection (no government regulation –CMHC)

(Builders are building homes fast, sloppy and with no accountability)

Economic: 1. Reduction of GST & Business Tax

2. Instability (made in China – issues with toys, food etc)

3. Mobility Explosion (shaping consumer populations and

their preferences for goods & services)

Social Cultural: 1. Instability (degradation of natural environment – water air)

2. Mobility Explosion (not only influence highly affluent global cites but rural poor – less affluent migrants & those displaced by environmental, political and economic pressures)

3. Gaming (no human contact)

Technological: 1. Mobility Explosion (ever-more portable technologies)

2. Shopping (online vs. shopping in stores)

3. Gaming (anywhere, anytime)

November 19/07 - RE: NAICS

I'm looking at # 238 Specialty Trade Contractors page 120

At the end of the paragraph there is this sentence "However, they may contract directly with the owner of the property, esp., in renovation and repair constructions.

My questions:

1.We do not have "one" specific trade but we are experience in drywall-painting, floating floors, a bit of plumbing, and general repairs. Would that # work?

2. We have done some work for people in the past (owners) but we are looking at buying an older home - upgrading - then selling. Do we need a # for real estate?

3. I've already brought a place - repaired, painted and sold it for a nice p-r-o-f-i-t; which has given me the "bug" to flip houses. But this was a personal situation, where I lived in it (2 yrs) then sold.

ASSIGNMENT # 5 (Comptetion Worksheets

I.D. Competitor Service Price Place Promotion Clients

1. Real Estate Agent Selling Homes/Bldgs. 5-7% on Sale Everywhere Brand Name homeowners

(getting the home 1st) of property (ReMax)

2. Construction Co. Building homes Profit over everywhere Reputation 1st time Home owners

cost to build (Groupe Brigil) who want their house built

to their specs.

3. Service Contractors renovation going price + local/regional Word of Mouth homeowners who need repairs

advertising-newspaper

Additional Assignments: