• List at least three different ways you could fund your business and explain the pros and cons of each.
• Why do you think a business plan is important to the success of your business concept? Or is it?
• Find a resource about why a business plan is necessary. Share a link to the resource and discuss your ideas on the topics presented in the resource.
• Successfully transitioning a family business from one generation to another is a goal of many owners of family-run firms. Discuss the pros and cons of passing a business from one generation to another.