New Venture Planning Discussions: Learning Activity/Discussion #1: “Contract Dynamics” As per Module

New Venture Planning Discussions:

Learning Activity/Discussion #1: “Contract Dynamics”
As per Module 7, Section 3, discuss the three main types of government and private sector contracts: time and materials, fixed price, and cost reimbursable, when they are applicable, and what are the advantages/disadvantages for each. As per your Business Plan, consider whether there is potential for obtaining such contracts, either on a primary or sub-contractual basis, and incorporate such information into your proposal.
Learning Activity #2
As per Module 6, Section 3, please refer to the following NY Times article, “Selling a Business Involves More Than Money” (July 15,2016) and comment as to sale/succession and exit strategy dynamics.  You may provide personal experience as examples, as well.

Learning Activity/Discussion #3: “Entrepreneurs Find Ways to Give Back”
Community involvement and social responsibility, resulting in a positive reputation and “goodwill” as discussed in the beginning of the curriculum, are often critical to the success and long-term sustainability of a business enterprise.
The following article, “Despite Obstacles, Entrepreneurs Find Ways to Give Back”,
appeared in the September 15, 2010 “The New York Times”.
The link is:

 

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