This week, you will analyze the steps needed to identify innovative business opportunities and learn how to determine the feasibility of a business idea.
Now that you have completed your Business Plan Outline, imagine that you now have the opportunity to present your idea to a group of potential investors.
Prepare a 900- to 1,050-word Ace homework tutors – APA formatted paper.
Describe 3 innovative strategies small business owners can use to approach their business.
Select 1 of the 3 strategies.
Analyze the steps you will take to identify your business opportunity and the feasibility of the opportunity. Ensure you:
- Analyze your business opportunity.
- List any potential pitfalls that you might encounter.
- Conclude how you can mitigate the risk to avoid potential pitfalls.
- Examine how your idea is feasible.
- The paper must be Ace homework tutors – APA formatted with several paragraphs and several headings throughout the paper to organize it well. Hint: Reword the bullet-points above for headings,
- Remember to include a Cover Page and a Reference page.
- Papers not Ace homework tutors – APA formatted, not using paragraph breaks, and not using levels of headings will be penalized. This applies to all the papers you will be writing in the future weeks.
