1) Briefly describe an entrepreneurial venture (business) that you are interested in and/or would like to start some day. Include in your narrative:
(a) a detailed description of the venture’s products, services, or combination that you would provide.
(b) the target markets and customers you would sell to.
(c) what competitive advantage this venture would have over the competition.
(d) what skills, knowledge, experience, or talents do you (as the entrepreneur/owner) bring to the venture.
(e) what benefits (tangible or intangible) does this venture have for your potential customers.
(f) how do you propose getting products or services marketed to your target market and customers?
You are not supplying a business plan, however, from the information you supply should be complete enough to be consider the “fodder” for a business plan to be developed from. Do not limit your narrative to the items above (a through e), be creative in your description of your possible venture.
2) What are the risks that must be considered both to the startup and to the long-term viability of this venture?
3) What did you learn from the lesson this week that informs your decision to start this venture?
Instructions:
Make sure you cite and reference your sources regarding your venture.
the assignment paper should be at 700-1050 words in length and contain a minimum of 3 cited sources. Originality of attachments will be verified by Turnitin. Complete all citations and references utilizing APA 6th form and style:
