A viable business plan for a person who has a start-up capital of $50,000 would be:
- First, make a feasibility study of the thing you want to invest in.
- Create a vision and mission statement.
- Select a brand name.
- Register your business.
- Calculate the ROI (return on investment)
- Start hiring staff (if you haven't already).
<h3>What is a Business Plan?</h3>
This refers to the written document which describes the activities of a business, its goals and objectives, and how to achieve those goals.
Hence, we can see that for a person that wants to start a venture with a start-up capital of $50,000, it is important to create a business plan and stick with it to increase his chances of success.
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Descriptive research is a research methodology you can use to describe the characteristics of the variables that you are studying, such as events, organizations, individuals, etc. This type of research answers explicitly the “what” question instead of the “how,” “why,” and “when” questions. Through this type of research, you can obtain information about the current situation of a phenomenon but not the reason for its state.
Answer:
Alexander the Great, as you'll recall, conquered the immense Persian Empire at the age of twenty-five.