TOPIC I want my business to be a online Auction Site like eBay. Please keep that in Mind when you are writing this paper.
For this and subsequent individual assignments leading up to a complete financial prospectus due in Week 5, select a conceptual small business startup venture that you would like to plan, develop and operate. This can be any venture that interests you that fits within the category of small business.
If you do not have a particular business in mind that you would like to develop, the small businesses for sale listings found in your local newspaper or through the internet could provide some interesting ideas and opportunities.
Write a 550- to 750-word paper in APA format in which you do the following:
Describe your conceptual venture that you would start if you had the resources. Include details such as the number of employees, the type of facilities and equipment needed, target customer demographics, and marketing channels.
Research at least one current company that is an appropriate benchmark to your venture. Describe how this benchmark company started financially and how it has grown. Compare this company to your conceptual venture by discussing how your venture might be funded similarly or differently than it was. If all the details of exactly how this benchmark company was funded are not available, you may make assumptions for the sake of comparison. Post your Assignment as a Microsoft® Word attachment. Please ensure to follow APA standards.