Identify your business idea $(20$ marks$)$:

Source of the idea $($Chapter $3-$ Sources of Ideas, Chapter $5$ Franchising$).$

Describe the competitive advantage of your product$/$service$?(10$ marks$)$:

Compare your idea to similar competitors in the marketplace.

Assess your business idea based on qualitative assessments $(20$ marks$)$:

Qualitative assessment $($Chapter $3$: Qualitative assessment$).$

Determine financial feasibility $(70$ marks$)$:

Calculate market potential $($revenue$).$

Calculate market share the business can acquire.

Calculate net income.

Calculate cash flow for the next $3$ years $($Note all assumptions$).$