Assignment

Tasks:

For this assignment, you will compose a report about a possible business that you want to start. Think about a need (consumers) that you have observed in your local community or region. What interests or expertise do you have? How can those factors come together to create a viable business?

Your report should include:

• The purpose of the business:

• What need exists?
• What is the product or service you intend to provide through your business?
• The viability of the business:

• Why would this product or service be profitable?
• What are at least two major obstacles that would get in the way of launching this business or its success?
• What other people, companies, or organizations have been successful with this, or a similar, product or service?
• The needed resources for the business.

• What resources and additional information or help with your idea (people, websites, agencies, actual business contacts, trade associations, etc.) do you need to bring together to move your idea forward?