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History. Michael NelsonRaised on Navajo Indian ReservationB.S. in Business Admin.Work ExperienceOffice of Navajo Economic OpportunityNavajo Economic Planning Office. Proposed Project. Investment in Church's Chicken in Tuba City, ArizonaFinanced by $650,000 loan from Norwest Bank$100,000 from
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2. History Michael Nelson
Raised on Navajo Indian Reservation
B.S. in Business Admin.
Work Experience
Office of Navajo Economic Opportunity
Navajo Economic Planning Office
3. Proposed Project Investment in Church’s Chicken in Tuba City, Arizona
Financed by
$650,000 loan from Norwest Bank
$100,000 from Michael Nelson
To Build or Not To Build?
4. Tuba City Area
5. Demographics
Population Market Area 10,002
Income Medium is $22,000
Navajo’s Preferred Fried Food
6. Competition KFC
Taco Bell
McDonald’s
Dairy Queen
Pancho’s
Several Others
7. Strengths Michael Nelson
Well connected
Familiar with consumer market
Quality Employees
Able to ID and hire good managers
8. Weaknesses Limited available capital
No cross-business complementation
Poor planning
10. Recommendation Evaluate other locations
Evaluate other financing strategies