Homework: Description of New Venture
In order to complete the next three homework, you will need to put together an idea for a new venture/company.
This homework will consist of the following:
o Elevator Pitch - Maximum two sentences that describes your company idea.
o Summary of new venture - Maximum of one paragraph that describes in greater detail your new venture and in particular the problem that you are trying to solve for your customer.
o Who is your target customer? Why do they want to buy your product? Describe who your target customer is and how you are going to reach them.
o How big is the current market? How fast is it growing? How large will the market be in five years?
o Who is your competition? Please describe.
o Status of your venture. Just an idea. Have developed initial product. Have sold initial product.
o How much money will you need. Please put together sources and uses table.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.