Describe the place of small business in history and explore the strengths and weaknesses of small business.

Learning Outcome:

Outline the solid understanding of the potential of entrepreneur in today’s competitive business world.

Describe the place of small business in history and explore the strengths and weaknesses of small business.

Demonstrate the ability to deliver and communicate marketing massages in coherent and professional manner.

 

Assignment Workload:

This assignment is an individual assignment.

Case Study

Students are supposed to read the attached Case -Penn Brewery. Based on your understanding of the case and basic concepts of Entrepreneurship.

Answer the following question:

1. Should Tom Pastorius buy Penn Brewery? Explain. (3 marks)

Tom Pastorius says, ā€œIā€™m not a good employee.ā€ What does he mean? Do you think the same is true of most entrepreneurs?(4 marks)

What challenges does selling the businesses they create pose for entrepreneurs?(4 marks)

If Pastorius decides to buy the brewery, what steps should he take before closing the deal?(4 marks)