How will you obtain funds for the project

Reference no: EM132646249

Assigment: The team paper must be at least 10 pages in length. This does not include the APA formatted cover page or the references. There must be at least 6 APA references to support the findings in the submission. Correct use of APA guidelines for sources and citations is required. If supporting evidence from outside resources is used those must be properly cited. The paper must address the following answers (I would like the paper to be formatted with headings to note the following information):

Description of the company and the product or service that the company will offer

What is the niche and how does this new business differentiate it's from other organizations already supplying the product or service?

1. How will you obtain funds for the project? (are you asking for funds or obtaining from another source)

2. How many funds are required to start?

3. What is the timeframe to launch?

4. Resource requirements

• Hardware

• Software

• Other support IT to get the systems up and running (networking, database, etc...)

• People

• Equipment

• Office Space

• Etc...

5. Key concepts to address to ensure the organization is running efficiently

• Organizational Learning Concepts and Theories

• Integration of IT Resources

• Virtual Teams? Local Teams? Why?

• Ethical and Legal Implications

• Cyber Security and Privacy of Information

• What do you have to account for? (managing data or credit card information?)

• Best Practices that you are going to implement in your organization and why

6. Summary and Next Steps

Reference no: EM132646249

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