“A feasibility analysis is a chance to open your eyes, ask yourself some very lough questions, them check to see whether your idea. as oil refocused. or changed dramatically (Or perhaps even scrapped akogether )’ (I) Overview , With this assignment you will be addressing the fundamental question Does this business have profit potential’? Instructions
IN conceived, needs to be modifed
Refer to the same business you described in the first assignment, Creating a Sinai Business. and write a 3-4 page paper in which you 1 Conduct a leas/tarty analysis by researching and analyzing each of the following topics and indicate how you business °Caen. that spec& space o Industry and market feasibility * Product or service feasibility o Financial feasibility o Entrepreneurial readiness 2 Explain whether the business idea needs to be modified. changed significantly or abandoned based on your loasbilfy analysis (Note: If you abandon the business idea. then you will need to select and analyze a new business that has ;wok potential 3 Include at least two references outside the textbook For help with research writing and citation access the Stayer Library or *Mew the BaCESNIAlkftillfsid Administration Library (3’100 This course requires the use of Strayer Writing Standards For assistance and Information. please refer to the Strayer liWiting Standards Mk in the kfehandmerw of your course Check with your professor for any additional instructions The specific course learning outcome associated with this assignment is • Conduct a feasibility analysis to determine whether a business plan is plausible Sources • 1 Norman hi Scarborough 2015 Entrepreneurship and Effective Small Business Management p 23′
Sample Solution
