Moderate Extensive and social networks | My Assignment Tutor

128 PART 2 DEVELOPING SUCCESSFUL BUSINESS IDEAS Low Potential (-1) Moderate Potential (0) High Potential (+1) 3. Extent of the founder’s or founders’ professional None Moderate Extensive and social networks in the relevant industry 4. Extent to which the proposed new venture meets Weak Moderate Strong the founder’s or founders’ personal goals and aspirations 5. Likelihood that a team can be put together to Unlikely Moderately likely Very likely launch and grow the new venturePart 5: Financial IssuesLow Potential (-1) Moderate Potential (0) High Potential (+1) 1. Initial capital investment High Moderate Low 2. Number of revenue drivers (ways in which the One Two to three More than three company makes money) 3. Time to break even More than two years One to two years Less than one year 4. Financial performance of similar businesses Weak Modest Strong 5. Ability to fund initial product (or service) Low Moderate High development and/or initial start-up expenses from personal funds or via bootstrappingOverall PotentialEach part has five items. Scores will range from -5 to +5 for each part. The score is a guide—there is no estE,blished rule of thumb for the numerical score that equates to high potential, moderate potential, or low potential for each part. The ranking is a judgment call.Score (-5 to +5)Overall Potential of the Business Suggestions for Improving Idea Based on Each Part the PotentialPart 1: Strength of Business IdeaPart 2: Industry-Related IssuesPart 3: Target Market and Customer Related IssuesPart 4: Founder- (or Founders-) Related IssuesPart 5: Financial IssuesOverall AssessmentHigh potential Moderate potential Low potential High potential Moderate potential Low potential High potential Moderate potential Low potential High potential Moderate potential Low potential High potential Moderate potential Low potential High potential Moderate potential Low potentialSummary Briefly summarize your justification for your overall assessment:

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER

Leave a Reply

Your email address will not be published. Required fields are marked *