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. Â 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 Â (what criteria supports the model selected)
-Market Size and Growth (large enough market potential for venture to be profitable; potential for growth)
-Competitive Advantages Â (what will make the venture stand out among competitors within industry)
-Management Â (skills of entrepreneur and team to develop venture)
-Revenue/ Growth Projections (how long will it take to be financially viable)
-Financing Requirements Â (financing requirements to begin operations)
-Summary Â (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.