Chapters Covered in Finals. Chapter 3 , Designing a Competitive Business Model and Building a Solid Strategic Plan Chapter 4 , Conducting a Feasibility Analysis and Crafting a Winning Business Plan Chapter 8 , Building a Powerful Marketing Plan Chapter 10 , Pricing Strategies
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envision your business idea, describe how it can gain competitive advantage
analyze your business idea’s possibility to succeed in the market, make profits, and earn enough
plan what you will do in marketing and operations, estimate financial results, obtain funding
Why is this an attractive industry for me to go into? Why is this an attractive market for me to target?
Will I be able to sell my product/service at a price higher than my cost to produce it so I can make enough profits?
Will the estimated earnings exceed the interest I will earn if I just placed my money in the bank and I just got a job?
What is it? What can it be?
How successful will it be? Is it worth doing?
How it will be run? What help do I need?
Note: Operations is only in Business Plan