Assignment: Feasibility Paper
You will analyze the steps needed to identify innovative business opportunities and learn how to determine the feasibility of a business idea.
Now that you have completed your Business Plan Outline, imagine that you now have the opportunity to present your idea to a group of potential investors.
Prepare a 900 to 1,050 words paper.
Describe 3 innovative strategies small business owners can use to approach their business.
Select 1 of the 3 strategies.
Analyze the steps you will take to identify your business opportunity and the feasibility of the opportunity. Ensure you:
A. Analyze your business opportunity.
B. List any potential pitfalls that you might encounter.
C. Conclude how you can mitigate the risk to avoid potential pitfalls.
D. Examine how your idea is feasible.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.