Assignment 1: Business Plan Part I “\ufffd Business Vision\tDue Week 3 and worth 180 points\t\u00a0\tNote: Refer to scenarios and reading assignments from previous weeks to complete this assignment.\t\u00a0\tImagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution.\t\u00a0\tPart I of the business plan will describe your business vision you plan to undertake in your company.\t\u00a0\tWrite a five to six (5-6) page in which you:\t\t\tCompile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create.\t\t\tDetermine the need for the new product or service. Next, provide an overview of the market you intend to enter, and defend why this market is ripe for the introduction of this product or service at this particular time.\t\t\tDetermine the type of business model you will use for your new business opportunity. Support your response.\t\t\tFormulate a feasibility analysis, and determine whether the new product or service is feasible. Identify the roadblocks that you will likely face.\t\t\tEvaluate the data from your analysis, considering the source and time period. Justify the future financial condition of your company.\t\t\tUse at least three (3) quality resources in this assignment.Note:\u00a0Wikipedia and similar Websites do not qualify as quality resources.\t\u00a0\tYour assignment must follow these formatting requirements:\t\t\tBe typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.\t\t\tInclude a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.\t\u00a0\tThe specific course learning outcomes associated with this assignment are:\t\t\tAnalyze the entrepreneurial process to determine where a company is in the process and how to implement change successfully.\t\t\tExamine entrepreneurial intentions and strategies to support entrepreneurship.\t\t\tExamine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities.\t\t\tAnalyze the financial planning process for a new venture.\t\t\tAnalyze the process of protecting the new venture idea and legitimizing it through a formalized business plan.\t\t\tUse technology and information resources to research issues in entrepreneurship and innovation.\t\t\tWrite clearly and concisely about entrepreneurship and innovation using proper writing mechanics.<\/p>\n","protected":false},"excerpt":{"rendered":"
Assignment 1: Business Plan Part I “\ufffd Business Vision Due Week 3 and worth 180 points \u00a0 Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. \u00a0 Imagine you are hired by a new start-up Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-205228","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=205228"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205228\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=205228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=205228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=205228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}