Identify 2 suitable venture concept

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Identify 2 suitable venture concept The concept for your business venture can be based on either a commercial or a social enterprise. In either case, the venture needs to meet three basic criteria in order to be suitable. It must: involve creative thinking applied to address a specific opportunity (e.g. a new product, service, market segment, technique, approach or combination of ideas) demonstrate real ambition and/or growth potential (e.g. a capacity to grow in terms of its turnover, scale, or impact over the next few years) be both credible and attractive to the target audience; think about the audience in this case as being prospective investors or business partners and ensure that your presentation is based on research, is internally coherent, and presented in a professional way, as well as responding to the specific needs of prospective investors or business partners.

Reference no: EM133695722

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