Entrepreneurship: Best business Ideas

Essay 2 Instructions: Entrepreneurship To start a busin" rel="nofollow">iness, an entrepreneur would write a plan which describes/explain" rel="nofollow">ins: • the product ( service or good) • the targeted customer ( the WRITE EXPERIENCE in" rel="nofollow">instructions mentioned this) • a rationale as to why the target customer would buy the product ( benefits) • cost to the customer • in" rel="nofollow">initial start up costs of the busin" rel="nofollow">iness • marketin" rel="nofollow">ing to attract customers • facilities/space and equipment requirements, and or production of goods • how the busin" rel="nofollow">iness will be funded; (in" rel="nofollow">initial start up costs and contin" rel="nofollow">inuin" rel="nofollow">ing operations) Your Targeted Busin" rel="nofollow">iness Idea Plans: You want to start a busin" rel="nofollow">iness and perceive an opportunity in" rel="nofollow">in servin" rel="nofollow">ing a rapidly growin" rel="nofollow">ing segment of the US population over 50. The service you create must appeal to agin" rel="nofollow">ing baby boomers 50 years old or older who are still at work (not yet retired) in" rel="nofollow">in professional or high level corporate careers. They work an average of 60 to 80 hours per week and make a min" rel="nofollow">inimum $100,000 per year. They like to look good, be social, and stay healthy. Time is a big issue for them. The rules of your busin" rel="nofollow">iness idea are as follows: any idea is acceptable at this stage; nothin" rel="nofollow">ing should be ruled out as silly, impractical, or even antisocial; also, improvements on existin" rel="nofollow">ing services can be considered. Describe in" rel="nofollow">in detail your best busin" rel="nofollow">iness idea for this customer set. Follow the above (8 poin" rel="nofollow">int) busin" rel="nofollow">iness plan details and provide answers to each poin" rel="nofollow">int of the plan. Be sure to consider your chapter readin" rel="nofollow">ings as well as additional outside in" rel="nofollow">information sources.