Assignment 5: Innovation and Small Business

Write a four to five (4-5) page paper in which the following are addressed:
1. Evaluate how networking can mitigate the issues small-business owners face regarding isolation so they can become more innovative.
2. Discuss the main differences that managers face in a service firm when compared to a manufacturing firm.
3. Identify a service business and a manufacturing business you are familiar with, and discuss how each type of business adds value to the service and the product that is offered.
4. Consider the various components of a business plan and identify two (2) that you think would be the most challenging for you to complete as an aspiring entrepreneur. Discuss what you could do to help you overcome the challenge using technology.
5. Use at least two (2) external sources.