Business Plan
When starting a business, entrepreneurs normally make a lot of assumptions about their new ventures (Honig & Karlsson, 2004). One of the assumptions that entrepreneurs normally make is that the product they are going to offer will be liked by the consumers and that the product being offered will be profitable. However, investors normally want to be assured that a lot of research has been done and that extra significant assumptions can be supported with data. In the proceeding paragraphs, we shall discuss the assumptions that were made for our fast food restaurant business plan. The first assumption that we ...