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BUS463 Week 4 Business Starting and Building Product Life Cycle Discussion
“Starting and Building” Please respond to the following:
- Construct a hypothetical product life cycle of a business you would propose to start. Analyze when you would obtain each of the following: a patent, a trademark, and a copyright, based on your product idea. Then, evaluate the options to incentivize members of a small-business founding team. Debate the value of stock options, bonuses, and ownership compared to salary
- From the e-Activity, create a plan for how to use the resources of the Small Business Administration (SBA) and the U.S. Patent Office in starting your small business. Prepare a schedule of when you would call on those resources during your start-up phase.
- Lastly, from the case study, 250,000 elementary students in California lack the glasses they need to view the board, read a book to study, or participate in class. Suggest other methods to structure Vision to Learn to close the gaps for students in California and remain a successful organization. Explain and support your response.