Venture Idea and Need/Opportunity
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- Brainstorm a new venture idea and describe the market
opportunity. Think of yourselves as entrepreneurs seeking to take an idea and making it into a
feasible opportunity that will generate revenue.
What products or services are being offered? Where is it located (bricks/mortar/online/both)?
Describe the market opportunity. What trends are favorable to the venture? Is the market
growing? Keep in mind you should not assume that the reader is familiar with your
product/service, so be sure to explain and describe it carefully.
Developed an idea.
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Topic Answered the following questions:
What products or services are being offered?
Where is it located (bricks/mortar/online/both)? Describe the market opportunity.
What trends are favorable to the venture?
Is the market growing? Keep in mind you should not assume that the reader is familiar with your product/service, so be sure to explain and describe it carefully.
Research
There is sufficient research cited to support idea and achievability.
