My business will be a restaurant
that will be a Food truck that make and sell sweets.
Present your choice in a few
Next, in the same Word document,
write a one page description of the industry you are choosing to enter with
your entrepreneurial idea. Conduct a search on the Internet, the Online
Library, or your local library to learn more about this industry. (It might be
fishing, hunting, auto, weaving, bowling, office equipment, computers, and so
on.) What opportunities for you new business ideas do you find within the
industry? How well might your idea fit within this industry?
Suggestion: Dig into two or three trade journals published within
the industry you are considering.
Finally, write a one paragraph
analysis of your business idea based on the Opportunity Checklist linked below.
Based on the checklist, assess whether or not your idea is just a weaker idea
or a better opportunity. Share details from the checklist.
Opportunity Checklist Need
a checklist just like this one for my business? You need to open Opportunity Checklist