Question: Please answer the questions in table 9.5 using a Food truck business venture. 238 PART III EVALUATING AND ACTING ON OPPORTUNITIES However, during their market

 Please answer the questions in table 9.5 using a Food truck

Please answer the questions in table 9.5 using a Food truck business venture.

238 PART III EVALUATING AND ACTING ON OPPORTUNITIES However, during their market research, the two entrepreneurs discovered a hugg, demand from farmers for an automated way to kill weeds without chemicals. This gave the two entrepreneurs the "go" they were looking for. They built and tested the prototype and received $3 million in venture funding less than a year later. The more data you gather during the feasibility study, the more evidence you will have to show investors when the time comes to develop your pitch deck or write a business plan. Dne of Btue River fechnology's many pedit phow courtesy of Buwe ver Technology The pitch deck is a brief presentation highlighting many of the essential elements griculturat machines. found in a feasibility study and a business plan. Some call this the launch plan. This is such an important part of the planning process that we've devoted a whole chapter to the pitch (Chapter 16 ), but let's briefly discuss the specifics of the deck here. (An example Pitch Deck can be found in Appendix B, p. 477.) The pitch deck has replaced the formal business plan in most venues. A pitch deck is needed for collegiate competitions, applications to accelerators and incubators

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