Describe an original business idea and how the specific idea will meet an unmet need.

Describe an original business idea and how the specific idea will meet an unmet need.

In an eight- to ten-page, not including 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. The final project requires at least five peer reviewed resources. Note: this is not a business plan. The paper should include a screening inventory with supporting rationale to specifically address the following elements:

Describe an original business idea and how the specific idea will meet an unmet need.
Summarize the product or service.
Explain the Value Proposition and how the need will be met.
Illustrate the Business Model and identify what criterion supports the model selected.
Examine the Market Size and Growth. Compute a large enough market potential for the venture to be profitable and examine the potential for growth.


 

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