Question: For a Plus Size Boutique Title page: Opportunity Analysis Plan Report includes the following sections: Section 1: Description of Idea Provide general overview of idea

For a Plus Size Boutique Title page: Opportunity Analysis Plan Report includes the following sections: Section 1: Description of Idea Provide general overview of idea Explain how it solves a problem, meets a need, and so on Discuss/evaluate the competitive advantage

  • Section 2: Assessment of the Entrepreneur and the Team
    • Where are the knowledge gaps and how are they covered?
    • How is the team structured?
    • Section 3: Business Phasing
      • This is a discussion of the logical progression for growing a business, which starts from the initial idea and grows into a viable business venture.
      • The phasing approach should explain how the development phases minimize risk, aid learning/analysis at the earliest possible stages, and create a proper progression of the business venture.
      • The goal of developing phases is to show how much risk is required for each phase compared to the expected outcome or return on the investment; phasing allows for learning during each step and creates a decision point prior to moving on to the next phase on whether to proceed, modify the business, or exit (with potentially a smaller overall loss).
      • Potential planning and development stages/phases:
        • Idea stage
        • Concept stage
        • Test marketing stage
        • Product/service development stage
        • Commercialization
      • Include anticipated resource requirements for each stage of development.

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