Learning Goal: I’m working on a entrepreneurship question and need the explanation and answer to help me learn.
Prior to beginning this assignment, review Chapter 14, Chapter 15, and Supplement B from the course text, the required resources used throughout the course, and any feedback you have received from your instructor. The goal of a feasibility blueprint is to assess the viability of a proposed business concept. The feasibility blueprint addresses the most critical elements one needs to consider during the initial conceptualization of a new venture.
To assess its viability, you will develop a comprehensive feasibility blueprint (schema) for your proposed entrepreneurial venture you began in Week 1 based on the data and information developed during the course. The objective is to determine whether the business opportunity is feasible and worthwhile. If not, describe the major constraints that led you to your decision. State the reasons for whether the decision is a go or no go. Research and substantively address the bullets below.
In your paper,
- Assess the customer problem or opportunity you identified that your business can help solve.
- Describe the business concept that will provide the customer with a solution to their problem.
- Identify the design of the business model for the venture.
- Determine the customer value proposition of the business.
- Evaluate the revenue model to be used to manage the business.
- Analyze the implementation strategies to be developed for launching the venture.
- Examine considerations for assessing the customer value of the proposed products.
- Summarize the overall assessment of the viability of the business venture.
- State whether or not you assess your concept to be a Go or No Go.
The Feasibility Blueprint Assessment final paper
- Must be 8 to 10 double-spaced pages in length (not including title and references pages)
- Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
- Must use at least five scholarly, peer-reviewed sources in addition to the course text
