100%
4 pts
75%
3 pts
50%
2 pts
25%
1 pts
Completed with logo and business address, phone, fax, email and web address. Table of contents includes Categories and page numbers.
Convinces reader that business is sound and has opportunity for success
Business Idea : use at least 1 or 5 1. Ask family and friends 2. Consider problems in your everyday life - then solve them! 3. Build on your hobbies 4. Consider if there are tasks you could make easier 5. Build on existing products or services
What product line will be offered by your company (be specific)? How many products or services will be offered? What pricing strategy will be used for your product or service? Indicate What's Special About Your Products or Services? Indicate Why Your Product or Service Is Needed? Highlight the Features of Your Product or Service?
1 – Identify the 4 types of customers for your business 2 – Identify the customers who would provide the highest margin 3 – Determine if there are enough of these customers to sustain your business 4 – Figure out if your product or service provides the best solution in the market for their needs
Provide 3 product needs and 2 service needs
List 3 main types of Competitors: Direct, Indirect and Substitute What services do your competitors offer? How do your competitors market and promote their products? How do your competitors interact with their customers? How do your competitors try to get a competitive edge?
Create an advertisement through television, radio, newspapers, magazines, mass mailings, outdoor displays, or the Internet. Create a business card with your title on it.
Provide 3 Strengths, Weaknesses, Opportunities and Threats for your business or product. Strengths - What does your company do well that separates it from its competitors? Weaknesses - What does your company struggle with? Opportunities - External factors that can allow your company to increase their future revenue? Threats - External factors that can hinder your company’s future success
Write a mission statement and vision for your company.
Provide 2 Ways that Makes Your Business Stand Out From Competitors