2025_EML Capstone Projects

1.​Introduction and Problem Motivation

The project or opportunity, rather, is something that I had actually been quite curious about and utilized this capstone project to explore this opportunity as well as show what I have learned over the course of this master’s program. The purpose of this project is to evaluate the purchase of three distinct franchises within Las Vegas. I used a general businesses for sale type website to help me locate businesses to buy from and stuck to that source to choose options from. Another aspect to doing this analysis is that I can create an overall framework that I could apply to any other business in the future. The three businesses I evaluated were a nutrition supplement store, a pilates studio, and a physical therapy practice. These businesses were chosen based on. The selected businesses were based on trying to choose different industries, at three different prices (low, medium, and high) and also factor in personal interest. I will acknowledge that this is far more focused on the management end of the spectrum than the engineering or technology side. However, technical aspects were factored into my project through the different evaluation methodology and data collection techniques I used. The project is important in that it is very practical and within my skills to potentially pursue someday. I really wanted this capstone project to be as realistically applicable to my life as reasonably possible. This was a way for me to extract tangible value from this program in a meaningful way that may impact my life in the future.

2.​Problem Statement

The problem statement as described, and refined, earlier in this project is as follows: ​

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