small business discussion 2 |

small business discussion 2 |

Answer the follwing questions.

Must be atleast 150 words


1.What is a marketing plan, why is it important for a small business to have one, and what do you think are the most important elements it should contain?

2.What are the different legal forms of organization used for small businesses, and what are the factors that influence which choice to make?

3.What are the various factors that go into setting the most appropriate price for a product, and how would you systematically determine that price?