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Economics Interview Questions Due February 4th, 2014

Period 7

PROJECT #1 Interview Interview a small business owner in your community about his/her choice of product or service: how did the entrepreneur decide to sell this particular product? What research did he/she do? Has it been a successful choice? Write a one page summary describing the product ideas that this entrepreneur considered when establishing his/her business. Include a section on the entrepreneurs happiness or regrets about the product he/she is selling as well as any advice he/she would give to a young entrepreneur.
It must be 1 page typed, single spaced. 1. What interested you in specializing in this field of study/labor? 2. How did you initiate your involvement in this specialty and what did it take? 3. How much money did it take to begin this business? 4. How long do you project this type of business to remain efficient? 5. Based on my standings/interests, what do you think is my success rate? 6. What qualities are needed for a successful business? 7. Does the community have an impact on the things you sell? If so, how? 8. How can you improve your profit? 9. What paperwork did you have to do? 10. What is the main revenue source that supports your business? 11. What struggles did you face in starting a business? 12. What advice would you give to someone who wants to open their own business? 13. How did you start your business? 14. How do I move a Product forward? 15. How do you choose a location? 16. What are the legal aspects of the business? 17. How did you build your reputation?

Economics Interview Questions Due February 4th, 2014 18. What kind of houses should we focus on?(Real estate) 19. What kind of price range is the best price range for buyers?(Real Estate) 20. What amenities should it include? (Real estate) 21. What will determine a houses value? (Real estate) 22. When advertising, whos your target audience? 23. When investing in your business, how long did it take to make your money back? 24. Where did you buy your materials that you needed for this business? 25. How did you decide your businesss operating hours? 26. How did you decide how much to pay to your employees? 27. If you asked for a loan, how much was asked for? 28. What are the requirements for every different position? 29. Would a website help your profit? 30. What are any long-term goals you have planned for your business? 31. What are the advantages of this form of business ownership?

Period 7

32. How has technology, such as computers and the internet, impacted on how you conduct your business? 33. Are there any ethical concerns that your type of business must deal with? 34. How do you market your business? How are people aware of your business? 35. What education certifications are needed to be qualified for your business? 36. How will your business benefit the community? 37. What do you think will be the most challenging about your business?

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