Reference no: EM132451958
Answer the following business concept questions based on your review of the course materials:
Question 1: What problem are you trying to solve and how will you solve it?
Question 2: Is someone else already solving this problem?
Question 3: How is your solution better and/or different than your competitors'?
Question 4: Is there a want or need for the product or services?
Question 5: How big is the potential market
Question 6: How much will it cost to start the business?
Question 7: How soon can you start the business?
Question 8: What personal and professional adjustments must you make to start this business?
Question 9: What is (are) your ultimate goals(s) in starting this business?
Question 10: What will happen if you don't start this business?
- Prepare the Business Concept Statement. You can expect this to be at least 500 words