BUS 604 Week 6 Final Paper
Download In an 8-10 page paper (excluding title page, reference page and appendix) present a reflective paper on the feasibility of an original business idea and business model by using a screening inventory. In the research paper, 5-7 peer reviewed resources are to be used. Note: this is not a business plan. The paper should include a screening inventory with supporting rationale on the following elements: • Original business idea (specific idea to meet unmet need) • Description of service or product (overview) • Value Proposition (how will need be met) • Business Model (what criteria supports the model selected) • Market Size and Growth (large enough market potential for venture to be profitable; potential for growth) • Competitive Advantages (what will make the venture stand out among competitors within industry) • Management (skills of entrepreneur and team to develop venture) • Revenue/ Growth Projections (how long will it take to be financially viable) • Financing Requirements (financing requirements to begin operations) • Summary (identification of specific supporting information that will enable the potential of the business idea to develop into a viable venture and overcome any risks)