Identify your business idea and your product or service. Include details about your product or service and the customer experience that you want to provide for your customers.
Choose your industry. Briefly, identify market size and trends, strengths and weaknesses of competitors, and your customers and their needs.
Identify your perceived competitive advantages, including any unique benefits, and any limitations of your product or service.
Identify funding needs. Determine why funding is needed and which sources of funding to consider. Consider self-funding, borrowing, equity, venture capital, etc.
Determine the feasibility of your business idea. Identify if you need more information to determine feasibility and what additional resources and support you need, such as help from attorneys, accountants, and other business advisers.
Develop a timeline for your business and business planning. Include major tasks or milestones that must be accomplished. Assume that you determined your business idea is feasible for the purposes of this step in the assignment.
Cite any sources using APA format.
*The additional materials is the name of business with the vision and mission statement included. You may use this as a guide to help with the paper.
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