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Lecture notes Business Management (Cbma) Introduction to Business Management

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Best summary of the third chapter of the textbook

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Uploaded on
April 15, 2024
Number of pages
30
Written in
2023/2024
Type
Class notes
Professor(s)
Mr mj sekele
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All classes

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INSTRUCTOR'S MANUAL
INSTRUCTOR'S MANUAL


CHAPTER 3: ESTABLISHING A
BUSINESS

,Chapter content
• Introduction
• The legal form of ownership
• Developing a business plan for the new
business
• The location of the business
• Summary

, Introduction
• Different forms of enterprise available to the
entrepreneur outlined
• Factors in selecting appropriate form of
enterprise
• Characteristics of enterprises discussed, as
well as advantages and disadvantages
• Entrepreneurs who are aware of options can
make informed decisions
• Basic content of business plans
• Location factors of a business
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