Fin 317 Assignment 1 - Business Venture

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FIN 317 Assignment 1 - Business Venture
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FIN 317 Assignment 1 - Business Venture

You are stepping into the world of becoming an entrepreneur. For this assignment, and the next three (3),
pick an industry and a business you would like to own. This business must require the purchase of new or
used equipment as an essential part of running the business (e.g., machine tooling, commercial stove

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FIN 317 Assignment 1 - Business Venture

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top, dry-cleaning equipment, or commercial printing equipment).
Write a one (1) page paper in which you:
1. Describe the industry and the type of business you plan to start. Provide specific details, such as
the location, type of customers, and closest or main competition.
2. State why this type of business interests you.

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FIN 317 Assignment 1 - Business Venture

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3. Indicate why you believe this business could be successful. Provide support for your rationale.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all•
sides; citations and references must follow APA or school-specific format. Check with your
professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s•
name, the course title, and the date. The cover page and the reference page are not included in
the required assignment page length.