Calvin planned to start his own business: Online Private Investigations.

Calvin had all the business details worked out in his head and had worked out most of his Business Plan. He hadn't gotten around to writing it down yet, and he recognized that procrastination was his biggest weakness.

Case Scenario 2

Calvin's Cost/Revenue Model is shown below:

Rent will be $500.00/month

Calvin wanted to earn $2,000/month in Salary

Calvin's variable costs for each computer search that he did was around $10.00/search

Calvin thought he could charge his clients $60.00/search, and therefore undercut the pricing of his competitors.

Question #1 (15 points)

Using your personal experience and knowledge, help Calvin develop a value proposition for his business idea.

Question #2 (15 points)

Explain five (5) risks that Calvin may face if he tries to launch his business. Please make sure the risks you are thinking of are related to Calvin's business

Answer rating: 100% (QA)

Answer 1 To develop a value proposition for his business idea Calvin needs to focus on the unique benefits his online private investigation service ca... View the full answer