Please answer 3 of 5 questions.

Please type your answers and use examples and course materials to support your answers. You have a 2 page limit. Answers must be typed and double spaced.

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Assignment should be turned in during class and emailed to professor.


  1. It is often said that cash is king for a small business. Describe three methods a business can use to improve cash flow.
  2. Identify and discuss important factors to consider in choosing a legal form of organization.
  3. Name and briefly describe three sources of equity that small businesses might access?
  4. An active and robust network is import for small business leaders, name 5 tools a small business leader may use to grow their network and social capital.
  5. What is an industry cluster and how might it impact the strategy of a small business? Are there digital clusters?