You Plan to Open a New Business

question 83

Essay

You plan to open a new business. Before you can approach the small-business loan center, you will have to have a strong plan. Write a one-paragraph business model description for a business of your choice.

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Definitions:

Axon

An axon is a long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.

Myelin Sheath

A fatty layer that surrounds the axons of some nerve cells, serving to speed up the electrical communication between neurons.

Node of Ranvier

Gaps in the myelin sheath of nerve fibers where the axon is exposed, enabling rapid transmission of nerve impulses.

Neural Impulses

Electrical signals that travel along neurons, conveying information throughout the nervous system.