Profit and Supply and Demand

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Consider a fictional business you would be interested in starting. You will be using this same business in other weekly assignments throughout the course.

You are seeking financing for your business, and a potential investor has asked you to provide more information.

Write a 400- to 500-word response to your potential investor in which you do the following:

  • Describe the products or services your business will offer and the resources–materials, supplies, building, and so on–that you will need for your startup.
  • Examinethe differences between profit and profitability and how you plan to use your profits to increase your business profitability.
  • Describe how you expect your business may be affected by the laws of supply and demand.

Format your paper consistent with APA guidelines.