choose any venture idea you would like to undertake and provide the following

Choose any venture idea you would like to undertake and provide the following:

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1-Brief explanation of the idea and what are the consumers’ needs it will address (200-300 words).

2-Evaluate the financial potential of the idea with proper and realistic justifications (200-300 words)

3-Discuss how you realized the potential of this idea (100 words)

4-Analyze the size of the market of your idea (300-500 words)

5-Briefly discuss your competitions, existing substitutes to your ideas, threats of new entrants (300-500 words)

Learning Outcomes:

  • Design a solid projected financial Plan and conduct a breakeven analysis for a small company. (Lo 2.5).
  • Demonstrate a solid understanding of the potential of entrepreneur in today’s competitive business world. (Lo 1.2).
  • Describe the importance of creativity and innovation which are the integral parts of entrepreneurship. (Lo 1.1)
  • Demonstrate ability to think independently and systematically on developing a viable business model (Lo 1.3 & 3.7).

Assignment specific instructions:

1-Properly reference any used sources using APA-Style referencing.

2-The suggested word-counts is for guidance only. You will be marked based on quality of your work, not the quantity.

3- WORD format only

4- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

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