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A business idea may sound great in theory; however, it may not be easy to implement or be successfully received by the market. Develop a 3-4 page paper that includes a venture screening inventory and an evaluation of your business idea. First, design a venture screening inventory. What are the key components of the inventory? What questions need to be asked? Second, explore your business idea by using the inventory you created. Does it meet minimum criteria of providing a value proposition to customers, fitting with your skill bank and lifestyle requirements, appearing financially sound and providing more potential rewards than risks? Use two resources to support your key points.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
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