Assignment 1: the Opportunity
Explain your business opportunity in a single letter-sized page, in PDF format. You can draw it yourself and write it yourself and scan it into PDF, or write a text, or use PowerPoint, or some other drawing program. preferably with illustrations, not just text. Leave your name off of the page, but keep it on the file.
Here are a couple of examples: College Prep Information Business and Australian Firefighter Business.
Thought provoking: Business Plans or Prayer Flags … see what you think. You’ve heard about the famous “business plan on a napkin?” Keep that in mind. You may also have heard about the one-page business plan, but you can let that one go. This is not a business plan, it’s a description of an opportunity. And I do want to have it in a single page, I’d expect at least one picture, and I want you to deliver it to me as a PDF document attached to an email.
Your business opportunity should cover the following three points:
- Identify and explain a problem or need that your business idea would solve.Remember you don’t have to limit yourself to true needs, because wants and intangibles – prestige, good looks, business success, etc. – are also valid.
- Explain how your new business fills the need or satisfies the want.
- Describe the ideal customer, or user, or target market company. Ideally you invent or dream up a specific person, with age, gender, economic stratum, job (or not), media usage, preferences; or a company, with industry type, size, location.
And communication pizazz, sizzle, excitement, diction, wording, choice of pictures, and general look and feel will also count for the grade. It’s only a page.
Important additional details:
- You can do this in Word, iWork, PowerPoint, Keynote, or any other tool that you like. Draw it by hand if you want.
- However you do it, your final step is to get it into a PDF file format that takes up a single page maximum. If you’ve produced it as something physical on actual paper, get it scanned into PDF to submit it.
- Put your name on the filename, but not on the page as it appears printed.
[...] “Executive Summary.”) Text topic. Should include all of the information detailed in Assignment 1: the Opportunity and you’re welcome to add to that as well. If you’re working with Business Plan Pro, I [...]
[...] “Executive Summary.”) Text topic. Should include all of the information detailed in Assignment 1: the Opportunity and you’re welcome to add to that as well. Business Plan Pro automatically includes the [...]