Every holiday season there is a group of the Entrepreneurial Population that do business leading up to it. Please choose 3 business models and answer the questions for each below. You may submit your response as a graphic (poster, flyer, infographic, etc) or as a written essay.
*make sure to consider what ‘business model’ means. For example— McDonalds and Village Burger are both restaurants but how they DO business is completely different.
Questions:
What is a short description of the business model?
Does location matter and why/why not?
What qualifyign factors are needed to do business within this business model?
How much revenue does this business model make?
What factors and variables control the expenses?
Is this business model something you or your friends could do now? If not, when would you qualify to operate a business model like this one?
I am proud because I researched thoroughly and had fun putting my ideas onto a document about impressive role model entrepreneurs. Most importantly though, I learned about successful businessman that struggled throughout their life and made it to where they are now with the way their business flows.