Question: BUSINESS PRESENTATION: INDUSTRY FEASIBILITY ANALYSIS ASSIGNMENT INSTRUCTIONS INSTRUCTIONS Submit a 2-4-page feasibility analysis for your business relative to the industry in which you will compete.
BUSINESS PRESENTATION: INDUSTRY FEASIBILITY ANALYSIS ASSIGNMENT INSTRUCTIONS INSTRUCTIONS Submit a 2-4-page feasibility analysis for your business relative to the industry in which you will compete. Use this weck's reading assignment and two or more additional outside resources to address the items listed below that are most applicable to your business and industry. Assignments are to include an attached Microsoft Word document, double spaced with one-inch margins. Title page and reference page are to be included, but these pages DO NOT count towards the required number of pages. The assignment is to fully follow APA format. Business Name, Business Idea and Value Proposition Begin with the updated business idea and value proposition based on feedback and comments from previous assignment(s). These should be clear and concise with only one or two sentences each. Industry Definition The Primary Industry and any relevant supporting or related Industries. Include appropriate NAICS code. Primary and secondary customers for the industry(s) Industry(s) size in total revenue and number of participants Identify possible substitutes and any barriers to entry, i.e., those necessary costs or activities required just to be in the industry (special equipment, licenses, or qualifications) Industry Dynamics Describe the current and projected industry growth and stability dynamics Are there any macro dynamics currently affecting the industry? - (Fig 3.1 'General Environment' - cultural, technological, economical, demographic, political, legal, global, p. 55) Explain how existing industry dynamic are creating gaps and opportunities for your business idea in this industry Business Model - Based on the industry, its dynamics, and your business model canvas analysis, describe the best business model for your business idea. At a minimum the business model should include the general revenue strategy (e.g., Gillette's 'razor and blades' model), how and where the product will be sold and delivered (online, retail stores, distributors, etc...) and key factors of the market strategy (price leader, full service, highest quality, etc....) In a summary for this section, state your business model in a focused and succinct manner that could be used with potential investors, suppliers, and partners. Christian Worldview Application What are the top challenges to your Christian Worldview in this industry and market? What market decisions will you make to help you grow spiritually and grow God's kingdom? What scripture best supports your decision process? dustry Summary In bulleted format list the 3 - 5 key conclusions from your analysis of the industry that would be MOST important to communicate about your entrepreneurial startup to potential investors in the Business Presentation: Final Project Assignment