JWI 575 Week 7 Assignment Help | Strayer University

JWI 575 Week 7 Assignment Help | Strayer University 

2A Assignment: The New Venture

Now its your turn to take on the role of a start-up entrepreneur. Choose a business idea from the research source below. The source provides over 900 small business ideas. Choose an idea and, incorporating what has been covered in the coursework, create an Executive Business Plan Summary. The summary should describe the opportunity, the market and potential competition, the proposed corporate structure, composition of the management team, and the funding approach to launch the new venture (NOTE: Choose only one idea)

 

Research Source: https://www.entrepreneur.com/businessideas

 

For this assignment write a 5 – 7 page summary paper and address the following:

1. Describe the Opportunity.

a. Description of the product or service and location (online, brick and mortar).

b. The value proposition – why would someone buy your product/service.

 

2. Describe the Market and Competition

 

a. Describe the market and the end consumer. How will you reach them?

 

b. Who are your competitors? How will you differentiate (consider Porter’s 5

Forces as part of the summary)?

 

3. Define the Corporate Structure

 

a. Describe the proposed legal structure.

b. Define the business location.

c. Describe potential regulatory issues (licenses, permits).

                                                                                                          

 

4. Define the Management and Start up Team

a. Describe the core management team positions (names are not required). What

outside professional services are required?

b. Describe any additional start-up personnel.

5. Define the Approach to Funding

a. Describe the start-up finding requirement (a range is acceptable).

c. Describe the source of funds (Loans, private investors, grants, angel investors).

How will the funder be approached?

Your

 

Your assignment must follow these formatting requirements:

 

Typed, double-spaced, using Times New Roman font (size 12) with one-inch margins on all

sides; references must follow JWMI style guide and writing format. Check with your

professor for any additional instructions.

 

Include 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 page length.

 

The following are specific course learning outcomes associated with this assignment:

Understand the new venture creation process.

Describe the formation of a management team and culture

Analyze corporate structure and funding applications

 

Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following grading criteria.

 

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