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n this project, you will have the opportunity to practice valuable entrepreneuri
n this project, you will have the opportunity to practice valuable entrepreneurial skills, including the following.
Innovative solutions and achieving goals
Opportunity recognition: Examining various ideas for venture development
Feasibility preparation: Delving into the specific parts of a feasibility plan to assess the venture’s capabilities
Project Instructions
Research current trends from one of the three industries listed below and explain how some of those trends can be turned into business opportunities. You can refer to the text for steps in opportunity identification and the creative thinking process.
Auto
Financial
Retail
Select one of those business trends or opportunities to be used for your project. Once the trend or opportunity is approved by your professor, you will utilize Appendix 6A to complete a feasibility plan.
Complete the business concept section 6A-1B on page 150 of your textbook.
Submit your feasibility plan.
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