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entrepreneurship Requirement 3 : Assessment of vour product idea and...

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Accounting

entrepreneurship
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Requirement 3 : Assessment of vour product idea and feasibilitv analvsis 7. Growth potential of the market (will the customers' number increase or decrease by time? Explain) (0.25 point) 8. The industry you are entering (may be more than one) (0.25 point) 9. Is the industry you are entering new or old? Growing or mature? (0.25 point) 10. competitors (are there other companies offering similar product ideas? What are the customers you are targeting using right now before offering your product?) ( 0.25 point) 11. Management team (skills needed to run your company and make the product available to customers) (0.25 point) 12. Resources (list of non-financial resources needed to be prepared before starting the business) (0.25 point) 13. Your company's Startup costs (provide a number explaining how it was estimated? Where are you planning to get it?) (0.25 point) 14. Financial performance of similar businesses (startup costs, running costs, revenue) ( 0.25 point)

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