Non-franchised Small Business Analysis: Gentlemen’s Top Option
MGT 418 Week 3 Individual Assignment: Non Franchised Small Business Analysis
· Select one of the following businesses to research on the Web:
o Mel’s Country Cafe, Tomball, Texas
o Hope Blooms Flowers and Things, Eagle, Idaho
o Gentlemen’s Top Option, Burlington, Vermont
· Write a 750 – to 1,050 – word paper in which you analyze the business as if you were considering its purchase. Explain your reasoning for each of these sections:
o Evaluate the business model of the selected business.
o Assess the necessity for training to be provided to you by the seller.
o Identify all of the issues you should investigate in the process of performing a feasibility analysis and due diligence.
o Identify the areas in purchasing the business that you would try to negotiate with the seller.
o Explain the advantages and disadvantages associated with purchasing the business you selected rather than starting a new business in the same industry.