Answer to Question #210449 in Management for Kathie

Question

Would the business plan of Petero have any appeal to the venture capitalist (assume all the segments of the business plan were completed and submitted)—Yes or No? Explain.  

Answer 1

Assuming all segments of the business plan were completed and submitted Petero deserves an appeal to the venture capitalist because many business model such as the monthly magazine focusing towards successful women at work pursuing their dreams have succeeded in the past and inspires alot of female readers who will buy the magazine. The magazine will meet the needs of the customers and and they will be willing to buy. Therefore, Petero will be able to make sales hence profit and use the money from her uncle to efficiently grow the business. Petero has higher extraordinary goals to educate the women on how to manage their time and money to make a profit. Many working women gained interestas readers by sending questions to help develop and start up the question-and- answer section. She intends to explore more on stock marketing that will help to review companies and industries to pint out the risks and benefits associating to investing in them. She truely deserves an appeal to the venture capitalist because she has went as far as to schedule to go to the press in 90 days to address these issues and this shows her character as an ambitious entrepreneur.