Reference no: EM132260327
Feasibility Blueprint Assessment: Elastic Bathroom Trash Bag
The goal of a feasibility blueprint is to assess the viability of a proposed business concept. The feasibility blueprint addresses the most critical elements one needs to consider during the initial conceptualization of a new venture.
To assess its viability, you will develop a comprehensive feasibility blueprint (schema) for your proposed entrepreneurial venture based on the data and information developed during the course. The objective is to determine whether the business opportunity is feasible and worthwhile. If not, describe the major constraints that led you to your decision. State the reasons for whether the decision is a go or no go. Research and substantively address the bullets below.
In your paper,
-Assess the problem or opportunity identified for your business.
-Describe solutions proposed for addressing the opportunity.
-Identify the design of the business model for the venture.
-Determine the customer value proposition of the business.
-Evaluate the revenue model to be used to manage the business.
-Analyze the implementation strategies to be developed for launching the venture.
-Examine considerations for assessing the value of the proposed products.
-Summarize the overall assessment of the viability of the business venture.
The Feasibility Blueprint Assessment [ESSAY]
Must include a separate title page with the following:
Title of paper
Student's name
Course name and number
Instructor's name
Date submitted
5 Scholarly Sources including the text:
Article - Neck, H. M., Neck, C. P., & Murray, E. L. (2018). Entrepreneurship: The practice and mindset.