What is your proposed product or service


Problem

Name: Provisional Name for Business

A. What problem does this concept solve or what pain does it alleviate and how compelling is the problem?

B. Who is your specific target customer?

C. How do they currently meet this need for themselves (what are the Next Best Alternatives; be specific)?

D. What is your proposed product or service? Describe what it is and how it works.

E. Explain how your concept is better than the next best alternatives (value proposition).

F. How many target customers did you talk to about this idea? List some key insights.

G. How large is your market and how fast is it growing? Cite your sources.

H. What industry or industries will you compete in (include NAICS code in response), and who are your main competitors?
I. How large is your industry in terms of sales volume and what is the industry growth rate? Cite your sources.

J. Why do you think this idea is viable now? Provide primary and/or secondary research data that supports your argument.

Although there are multiple questions, they are all suited towards the "business" that I come up with and therefore I cannot post them separately.

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