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Individual Project
Identifying Your Venture
Mon, 11/28/16
Numeric
100
0

1,200–1,500 words
 
Initiate the business planning process by identifying their product or service
 

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

Complete the following:

  • Review the assigned reading for this phase.
  • Watch this video.
  • Provide 3 examples of businesses that do something similar to what you hope to do, and include a response to each of the following questions:
    • What is the business' "why" for its venture?
    • What is your "why" for your choice of business?
  • Clearly articulate what your business will do, including the following:
    • Explain your production–distribution chain.
    • Identify your suppliers.
    • Describe your ideal location, and explain why it is ideal.

Reference

Sinek, S. (2010). How great leaders inspire action [Video]. Retrieved from http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html

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