Homework: Entrepreneurship And Innovation- Business Plan- Business Vision
Imagine you are involved in a new start-up company. You are tasked to organize the key elements of a business plan. This first part of the plan would be to provide an overview of the business, including the mission statement and vision of the company's products and services. Next, explain the value proposition of your company's products and services and describe how they will satisfy the primary needs or wants of your target audience. You also need to provide a high-level overview of the business model you have selected to exploit these market opportunities. Finally, you will need to develop a feasibility analysis that supports your decision to move forward with the project. Make sure to support your strategy with research from the course textbook and other outside resources.
Part I of the business plan will describe your business vision you plan to undertake in your company.
Write a four to six pages paper in which you:
I. Provide an overview of the business, including the mission statement and vision of the company's products and services.
II. Explain the value proposition of your company's products and services and describe how they will satisfy the primary needs or wants of your target audience.
III. Discuss a high-level overview of the business model you have selected to exploit these market opportunities.
IV. Develop a feasibility analysis that supports your decision to move forward with the project. Be sure to support your strategy with research from your textbook and other outside resources.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this Homework are:
a. Analyze the entrepreneurial process to determine where a company is in the process and how to implement change successfully.
b. Examine entrepreneurial intentions and strategies to support entrepreneurship.
c. Examine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities.
d. Analyze the financial planning process for a new venture.
e. Analyze the process of protecting the new venture idea and legitimizing it through a formalized business plan.
f. Use technology and information resources to research issues in entrepreneurship and innovation.
g. Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics.