In an 8 page paper (excluding title page, reference page and appendix) present a reflective paper on the feasibility of an original business idea and business model by using a screening inventory. 5-7 peer reviewed resources are to be used. Note: this is not a business plan. 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 (what criteria supports the model selected)
Market Size and Growth (large enough market potential for venture to be profitable; potential for growth)
Competitive Advantages (what will make the venture stand out among competitors within industry)
Management (skills of entrepreneur and team to develop venture)
Revenue/ Growth Projections (how long will it take to be financially viable)
Financing Requirements (financing requirements to begin operations)
Summary (identification of specific supporting information that will enable the potential of the business idea to develop into a viable venture and overcome any risks)
Writing the Final Project Paper
Must be eight- to ten- double-spaced pages in length and formatted according to APA style as outlined in the approved APA style guide.
Must include a cover page that includes:
Course name and number
Title of paper
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.