Propose the value proposition of the product or service the business will offer and explain the rationale.

Description

Assignment 1: Start Up a Small Business  (your choice of business Preferably female)  No Plagiarism Please!
Due Week 4 and worth 250 points
Select a business idea which you would like to implement and complete this assignment. Note: You may use the same idea that you have used in discussion topics during Week 2 through Week 4.
Write a seven to eight (6-8) page paper in which you:

  1. Propose the value proposition of the product or service the business will offer and explain the rationale.
  2. Outline the competitive market and the industry in which the business will operate.
  3. Determine at least two (2) strategies of each for protecting the following:
  4. the branding
  5. the logo
  6. the product technology
  7. Suggest methods to test the product idea for feasibility.
  8. Suggest at least three (3) strategies to incentivize the founding management team.
  9. Estimate the amount of cash needed to start the business. Provide a rationale to support your estimation.
  10. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

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