Essay Available:
Pages:
2 pages/≈550 words
Sources:
2
Style:
APA
Subject:
Health, Medicine, Nursing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:
New Startup Location
Essay Instructions:
INSTRUCTIONS
The founders are ready to pick a location for their startup and are debating between 5 options. However, they are deeply concerned about regulators and the ability to operate their business without regulatory complications. They need you to help them understand which option is best for them to secure a license and launch a business with the least threat of losing their license or having regulatory problems.
They would like a location that offers the greatest degree of flexibility in their operations so they can establish a competitive position They have mentioned being concerned about areas where licenses are easy to obtain leading to an abundance of competition or where there may be massive consolidation.
The locations that the founders have identified as places where they would like to operate are:
Tulsa, OK
Cambridge, MA
Chicago, IL
Reno, NV
Tampa, FL
Keep in mind while working on this assignment that more regulation is not necessarily worse than less regulation, especially given sufficient transparency and regulatory guidance on how to comply.
ASSIGNMENT Canvas_Portfolium.png
Create a presentation that can be shared online. There is a resource to help you create an online presentation in the resources below.
To prepare to make a suggestion on where to locate, you should begin by reviewing the following for each of the above locations:
Licensing process
Regulatory environment
Competing companies
There are other metrics you can identify as important to the process but at minimum, the founders are interested in the above items.
There is no requirement for the format of your presentation except that it must be viewable online. Feel free to use any tools you deem appropriate to make the presentation both impactful and engaging.
If your presentation includes audio, please provide a transcript along with your submission.
Essay Sample Content Preview:
Tampa, FL: The Strategic Location of the City for a Startup
Student Name
Institution
Professor Name
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Date
Tampa, FL: The Strategic Location of the City for a Startup
Tampa, Florida, is a city whose economy blossoms and is an ideal place for business enterprises. The city’s buoyant business environment creates a very conducive growth backdrop. Two factors that will make setting up a business in Tampa easy include the fast-licensing process and a business-friendly regulatory environment. However, the competitive market provides various variants while preserving a minimal consolidation risk. The combination of Tampa’s economic viability potential and networking opportunities is a desirable strategic choice for business success. This brief concentrates on the advantages of Tampa and is an excellent initial step in researching a preferred site for setting up.
Licensing Process
The business owners quickly understand the license process in Tampa. The licensing procedures for the municipal administration are straightforward, thus making it very easy to navigate through the entrepreneurial bureaucracy world (Crail et al., 2024). All operations are simplified with the online apps’ efficacy. Rather than traditional channels, this digital approach aims to improve accessibility and minimize the effort spent obtaining required licenses. The web-based user platform provides a more streamlined application process for startups, thus allowing them to focus on critical tasks and not administrative obstacles (Crail et al., 2024). The licensing process in Tampa that is aimed at transparency can foster an environment where startups can quickly deal with regulatory barriers. Hence, individuals readily establish their businesses under minimal constraints.
Regulatory Environment
The regulatory en...
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