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Business Model and Feasibility Study

Business Model and Feasibility Study. your individual term paper!. Business Model. Vision : What will your business look like 10 years from now? Mission : What, in general, will you do to get there? Goals : What, specifically, will you do and by when will you do them?

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Business Model and Feasibility Study

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  1. Business Model and Feasibility Study your individual term paper!

  2. Business Model • Vision: What will your business look like 10 years from now? • Mission: What, in general, will you do to get there? • Goals: What, specifically, will you do and by when will you do them? • SWOT: What internal and external positive and negative factors will you have to be aware of and deal with? • Key Success Factors: What are the factors that any business needs to be successful in the industry you have chosen? • Competitive Profile Matrix: How do you rank against your competitors using the KSFs? • Strategy: What will you choose: cost leadership, differentiation, or focus?

  3. Feasibility Study • Industry and Market Feasibility: Did you choose the right industry and market? Why do you think so? • Product and Service Feasibility: Will you be able to produce the product or service at a cost so you can sell at a price that gives you a profit and customers will buy • Financial Feasibility: Will you earn enough so that your money, time and effort will be well spent or is it better if you put you money in the bank and you get a job?

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