Saint Leo University Strategic Thinking for Entrepreneurs Week 5 Discussion

Question Description

Prioritizing

Read the Forbes article, A Simple Model for Business Planning. Financial decisions must be made continuously by entrepreneurs. After reading the Parrish article, you will be aware of several financial concerns faced by business owners. Place yourself in the role of an entrepreneur. Taxes are due in three days and employee paychecks must be issued in five days. However, the company does not have enough money to cover both expenses. Discuss how you would handle this situation. How will you solve this financial crisis?

No less than 250 words

Must use in book citation

Wheelen, T.L., Hoffman, A., Hunger, D. J. & Bamford, C. (2018). Concepts in strategic management and business policy; Globalization, innovation and sustainability (15th ed.). Retrieved from https://vitalsource.com/

Chapter 10: Strategy Implementation: Organizing and Structure
Chapter 11: Strategy Implementation; Staffing and Directing
Chapter 13: Suggestions for Case Analysis

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