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Sample questions

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MASTERPIECE2020

The final project will be a Screening the Business Idea and Business Model Paper.

present a reflective paper on the feasibility of an original business idea and business model by using a SCREENING INVENTORY.5 peer reviewed resources are to be used. Note: this is not a business plan.  The paper should include a screening inventory with supporting rationale on the following elements:

-Original business idea (specific idea to meet unmet need)

-Description of service or product (overview)

-Value Proposition (how will need be met)

-Business Model  (what criteria supports the model selected)

-Market Size and Growth (large enough market potential for venture to be profitable; potential for growth)

-Competitive Advantages  (what will make the venture stand out among competitors within industry)

-Management  (skills of entrepreneur and team to develop venture)

-Revenue/ Growth Projections (how long will it take to be financially viable)

-Financing Requirements  (financing requirements to begin operations)

-Summary  (identification of specific supporting information that will enable the potential of the business idea to develop into a viable venture and overcome any risks)

*Must include an introductory paragraph with a succinct thesis statement.

*Must address the topic of the paper with critical thought.

*Must conclude with a restatement of the thesis and a conclusion paragraph.

*Must use at least five professional resources, including a minimum of two from ProQuest Entrepreneurship.

*Must use APA style as outlined in the approved APA style guide to document all sources.

*Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.