In the Appendix (Chapter 16 “Appendix: A Sample Business Plan, page 982-1000 PDF attached for your reference ) you will find the business plan for Frank’s All-American BarBeQue. This plan examined several possible locations for a second restaurant. Frank and Robert considered several factors when evaluating alternative towns as possible locations. Some of these included population size, average income, travel times, and percentage of the population. Based on the data, they selected Darien, Connecticut. Do you agree with the decision? Why or why not? Do you think other factors should have been considered? If yes, what would you recommend? (Hint, there are many things missing in their plan) Carefully write good explanations of other factors which should have been considered other than already included factors in their business plan. ENSURE you read the case study guide and review the case study and relevant sections in the textbook Small Business Management in the 21st Century before answering any question. Be aware of what is being asked from you. Before you answer the question please include the following details. Agree the decision and write it. 1. Definition of business planning. 2. Why business planning is important. 3. Include the factors that Frank All American Barbeque has examined ?(Chapter 16: A Sample of small business plan) Page starting 982-1000. (PDF attached ) Hint: Factors like demography, income statistic, travel time, ratio of population for the selection of new location at Darien, conecticut etc. Make sure you find the factors from this pages. ENSURE you read the case study guide and review the case study and relevant sections in the textbook Small Business Management in the 21st Century before answering any question. Be aware of what is being asked from you. .
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