Science Fair Proposal

1. Flower Shop Administration
2. Sole-proprietorship businesses tend to fail within the first two years due to poor planning and underestimated budget spending. "Business owners underestimate how much money is needed and they are forced to close before they even have a fair chance to succeed. They also may have unrealistic expectations of incoming revenues from sales." (Scahefer, Patricia."The Seven Pitfalls of Business Failure and How to Avoid Them."Business Know-How. A Hard Communications, Inc. 2011. Web. 10 Oct. 2012.)
3. If the budget of the flower shop is low then the flower shop is most likely a sole-proprietorship, owned by a family,
4. To start off my experiment i will locate 22 or more local flower shops in the cities of: Pomona, Claremont, Montclair, and Ontario. I then will interview the owners of each flower shop and ask them questions. They are as followed: 1. Why did you start your business? 2. What was the budget you began with? 3. When did you start to see profit? 4. How heavy is the competition? 5. Did you ever get to the point where you needed to close the flower shop? Why? I would also use my research from different sources such as entrepreneur.com, for-entrepreneurs.com, NOLO, and other statistic based websites to help me organize my data, to see if the problem stated and the hypothesis proved correct. 
5. Behavioral/ Social Science 

Blog 9: Working EQ and Possible Answers

1. My working EQ is "What is the best way to sustain a profitable flower shop?"
2. I am not going to revise my EQ at this time. 
3. Some possible answers might be: 

• Making sure you have a strong business foundation 
• Know your product and how to sell it