Discussion 3. Entrepreneurship and New Venture Management

1. Discuss the different types of plans used by entrepreneurs.

2. Define the revenue model and distinguish it from the cost model. This assessment aligns to the following course objectives: Develop an awareness of entrepreneurship/new venture start-up issues Apply key business concepts to various problems/situations

 Question 1-Discuss the different types of plans used by entrepreneurs. 400 words in length.

 Question 2-Define the revenue model and distinguish it from the business model. 400 words in length.