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I have attached my prior homework assignment, as well as the homework template you will need to complete this assignment.
- Write a paper of approximately 750 words based on your business idea that you discussed in Week 1. This section will be included in your business plan at the end of the course. Include the following sections in your paper:
- Market Analysis (250 words)
- Apply the Five Forces Model to analyze the industry related to your business idea.
- Product or Service Analysis (250 words)
- Discuss your business idea.
- What is your product or idea?
- What about your product or service would be attractive to consumers?
- Identify the resources necessary to create your product or service.
- What are your manufacturing needs?
- Financial Analysis (250 words)
- Discuss the financial aspects of your business idea.
- What are related start-up costs?
- What is the earning potential?
- What is the potential return on investment?
- Include 2–4 sources, which may consist of readings from the University Library, your text, or other selections.
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