Business Opportunity Project
Using your business idea from your Week Two Assignment, write an eight to ten page project paper that addresses the following:
- OVERVIEW
- Business Introduce your business idea.
- Describe the Business type (new business, franchise, operating business) and include rationale.
- Discuss at least two core competencies proposed for achieving competitive advantage.
- MANAGEMENT SECTION
- Describe the legal structure of your business.
- Present the key owners and members of your management team
- Explain your staffing structure with key positions identified.
- MARKETING SECTION
- Evaluate your business environment, and identify the major opportunities (and threats).
- Assess your target market and positioning strategy.
- Discuss your communication and promotional.
- FINANCIAL SECTION
- Explain the financial requirements for startup or purchase of the business.
- Describe major sources of financing.
- Discuss the budget projections for one year.