description of new venture assignments

In order to complete the next three assignments, you will need to put together an idea for a new venture/company.

This assignment will consist of the following:

  • 1)Elevator Pitch – Maximum two sentences that describes your company idea.
  • 2)Summary of new venture – Maximum of one paragraph that describes in greater detail your new venture and in particular the problem that you are trying to solve for your customer.
  • 3)Who is your target customer? Why do they want to buy your product? Describe who your target customer is and how you are going to reach them.
  • 4)How big is the current market? How fast is it growing? How large will the market be in five years?
  • 5)Who is your competition? Please describe.
  • 6)Status of your venture. Just an idea. Have developed initial product. Have sold initial product.
  • 7)How much money will you need. Please put together sources and uses table.

Maximum length of this homework assignment is 3 pages.

In order to receive 100 on this homework all 7 items need to be completed in sufficient detail.

This assignment will be due by February 19that 6:30 PM

 

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