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The purpose of this assignment is to build and defend financial projections for your business idea. This includes estimating units sold, revenue, and costs for the first 3 years (12 Quarters) of the business. Part 1 Build a pro forma Excel sheet estimating revenue and all operating cost items of the business for each of …

ENT-436 Time and Operation Costs: The purpose of this assignment is to build and defend financial projections for your business idea. This includes estimating units sold, revenue, and costs for the first 3 years (12 Quarters) of the business. Read More »

An entrepreneur develops a new business and bears the financial risks and benefits. Besides financial returns, what other responsibilities does the entrepreneur have? Besides investors, what other stakeholders does the entrepreneur have to be mindful of?

Describe a benefit of developing a pro forma financial statement. Explain why this benefit would be helpful in a business.

Final Business Model Canvas The purpose of this assignment is to create an updated version of the business model canvas template and summary based on feedback received from your peers, and faculty. Utilize the “Business Model Canvas – Template and Intro” resource for your assignment. Completion of this assignment will include a completed “Business Model Canvas – Template …

Final Business Model Canvas Read More »

The purpose of this assignment is to perform a smoke test and explain the results of the smoke test through a presentation. As a group, choose a single business to pursue together. Identify the segment of your potential customers that would be early adopters. This should be a group of people to whom you can …

The purpose of this assignment is to perform a smoke test and explain the results of the smoke test through a presentation. Read More »

What is the least expensive and fastest way to test your product or service with targeted customers? Provide a brief summary of a smoke test plan.

Describe the purchasing behavior of your target customer; why are they purchasing your product, how do they make a purchasing decision, etc.? How would you facilitate communications with your potential customers? Why is it important to understand the beliefs and behaviors of a targeted customer?

The purpose of this assignment is to create a prototype of your team’s product or service. In this topic students will be assigned to groups for the remainder of the course. Each group will select one project to further develop for the rest of the course. The selected project can be any of the student’s projects that …

The purpose of this assignment is to create a prototype of your team’s product or service. Read More »

In this assignment, you will exchange the Draft Summary of the Business Model Canvas that you completed in Topic 5 with a classmate in order to provide peer feedback to one another. You will utilize the peer-review feedback you receive from this assignment and integrate it into your Final Business Model Canvas, due in Topic …

Business Model Canvas Peer Review: In this assignment, you will exchange the Draft Summary of the Business Model Canvas Read More »

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose of a prototype? Provide a specific example.