Problem 1:
i. What is the difference between Functional and Non-Functional Requirements? Explain, giving examples.
ii. What is a Franchise?
iii. What is the purpose of a Business Plan? Outline the elements of the One-Page Plan.
iv. What is a Pitch Deck?
v. Define the following terms:
a) Sole Proprietorship
b) Solopreneur
c) Joint Venture
Problem 2: Discuss the different steps for identifying the Target Market and Customers.
Problem 3: Describe the various parts of financial projections.