Conducting an Entrepreneurial Audit
Need to write an analysis about TEXOP construction company. It has to be plagiarism free! Needs to be done by Sunday before 1pm. It has to be 4 pages single spaced.
Company: TEXOP (www.texop.com)
The questions are the following:
Industry information for your specific company is to be discussed.
Discuss the specific path taken for this business and the appropriateness of the legal form. (whether this is a high tech, global, franchise, family, acquired, or started from scratch, etc.; and whether this is a sole proprietorship, corporation, etc.).
Did the company start with a formal business plan? Did they commit or avoid the common mistakes? Discuss the implications
How effectively does the company manage its employees, management, systems and processes? Is the company proactive/reactive in responding to change and innovation?
Have they ever experienced failure? If so, what did they learn from it?
Discuss and evaluate their business model and competitive strategy.
Identify the life cycle stage of the company and its current profitability.
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