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Entrepreneurship in Action A Retail Store Simulation,9781563675959
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Entrepreneurship in Action A Retail Store Simulation

by ;
Edition:
1st
ISBN13:

9781563675959

ISBN10:
1563675951
Format:
Paperback
Pub. Date:
10/27/2008
Publisher(s):
Fairchild Books

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What version or edition is this?
This is the 1st edition with a publication date of 10/27/2008.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.
  • The Rental copy of this book is not guaranteed to include any supplemental materials. You may receive a brand new copy, but typically, only the book itself.

Summary

Many fashion students aspire to open a retail store of their own, but the idea of starting their own business can be quite daunting. Entrepreneurship in Action: A Retail Store Simulation provides an opportunity to practice all the steps necessary to conceptualize, develop, open, and finally operate a business in the safe and nurturing environment of the classroom. As they prepare to open their simulated retail business, students learn how to develop a product and product niche, conduct market research, and find funding and a good location for their store. Most important, when they reach the end of the book, they will have written a complete business plan in a format suitable for submission to a bank or other lending institution. This book brings your enterprising students one step closer to making their dream a reality. Each chapter begins with learning objectives and explains a concept, as well as addressing questions that an entrepreneur would need to ask. An assignment follows that directs the students to think creatively to apply the theoretical knowledge previously introduced. The simulation thus pulls together the content as well as the format of a well-conceived business plan.Features-- Basic research & information provided for each chapter and a comprehensive list of Internet & research sources to help the student or entrepreneur complete the simulation-- Simulation assignments to guide students step-by-step through the creation of a business plan.-- CD-ROM with templates of all forms printed in the text and Instructor's Guide with examples of forms accurately filled out-- Instructor's Guide will show examples of forms accurately filled out, provide teaching assignments, and include sample exams

Author Biography

Rosalie J. Regni is an assistant professor at Virginia Commonwealth University.
Jimmie G. Anderson is retired and currently volunteers his time to the Department of Fashion Design and Merchandising at Virginia Commonwealth University.

Table of Contents

Getting Started
Choosing a Business and Product line
Finding the Right Location
Funding the Business/Sales Planning
Preparing a Business Resume and Personal Financial Statement
Profit and Loss Plan
Merchandising Your Store
Marketing Plan
Personnel and Sales Management Plan
Visual Merchandising and Store Layout
Capital Spending Plan and Cash Flow Forecast
Financial Documents for Evaluation and Tax Preparation
Pulling It All Together
Managing Your Success
Table of Contents provided by Publisher. All Rights Reserved.


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