Prepare a two- to three-page summary of your business concept for your Final Paper. The summary should address the following elements:
Opportunity potential
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- Explain the validity of the opportunity.
- Explain the market trends over the past five years.
- Explain the size of the market.Opportunity/Potential:
Product or service
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- Describe the product or service for your new business. What is the range of coverage?
- Summarize the prices and the decision-making process for determining pricing.Product/Service:
- Target market
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- Define whether it is a business market or a customer market.
- Explain how your product is designed to meet the needs of your target customer.Target Market: