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Written Report
It is now time to take the planning of your new venture to the next step: update your canvas with new developments since you last submitted it and write a business plan accordingly. There is no requirement to address everything that might conceivably be included in a business plan, however, the report should include the following key aspects:
Explain how you identified and screened your opportunity.
Identify the key elements that could lead to an early breakeven point and those that could delay it. You are not required to do a cash flow analysis, but you need to demonstrate that you understand its basics.
Detail the financing requirements of your venture including both debt and equity, and the source of the funds. Compare two options and justify your choice.
Evaluate two or three challenges of fast growth you could encounter and how you could avoid them.
Assess two options for harvesting, choose one and justify.
NB ....minimal 12 references
3000 words
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