[SOLVED] Assessment 3- Group Business Proposal

Assessment 3-Group Business Proposal- 3200 to 4000 words

Learning Outcomes

Learning Outcome 1 Demonstrate an understanding of core theoretical frameworks that underpin the fields of entrepreneurship and marketing

Learning Outcome 2

Evaluate and critique proposed entrepreneurial endeavours and marketing activities through an examination of their theoretical and market foundations

Learning Outcome 3

Explain innovation and critique the innovativeness of proposed entrepreneurial endeavors and marketing activities

Assessment Task:

As a team write a Business Proposal for a new business startup. Your proposal needs to cover the following areas:

Executive Summary (not counted in word count)

Table of Contents (not counted in word count)

1. Introduction – Who are you and what is your idea?

2. Problem – What problem are you trying to solve? Is it really a problem?

3. Solution – Describe how are you planning to solve the problem.

4. Advantages – What makes your solution special? How are you different from others?

5. Product – How does your product or service actually work? Show some examples.

6. Traction-Traction means having a measurable set of customers that serves to prove a potential.

7. Market-Know, or at least attempt to predict, the size of your target market.

8. Competition – What are the alternative solutions to the problem you are trying to solve?

9. Business model – How are you planning to make money? Show a schedule (at least 1 year) when you expect revenues to pour in.

10. Investing – What is your planned budget? What kind of money are you looking for? Include a detailed budgeting plan for the first year. 

References-a minimum of 20 references required (40+ recommended) (not counted in word count)