Prepare the business concept statement

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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

Reference no: EM132451958

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