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What personal knowledge do you bring to the business

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Reference no: EM131904675

You will be required to work individually in identifying a business idea that will manifest itself into a Feasibility Study These topics are really the benchmark activities that the course focuses on.

A Feasibility Study is the initial checkpoint. The goal here is to simply discover if your idea has substantial potential as a business opportunity. In other words, does your business model make sense? Simply stated - can it make money and is it scalable?

When you finish your feasibility study, you should have an indication of: "Is it worth taking your idea into a full-blown business plan?"

For this feasibility study, you will be evaluated on your ability to research the customer, competition, industry, and margin

.Answer the following questions:

• What is your Business Idea?

• Is your business idea just an "idea" or a "passion" idea?

• What is your Position in the marketplace?

• Where is your Business Located?

• How is your Business Different (and/or better)?

• Who is your Niche market?

• What personal skill or knowledge do you bring to the business?

Attachment:- Outline for Feasibility Study.rar

Reference no: EM131904675

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