BUS 435 Small Business Ventures FINAL PAPER

Insight Statement:

Opportunity/Problem Description:

Inspirational Value:

Personal Value:

Nature of the Business:

Type of Business:

Primary:

Secondary:

Opportunity Identification Venture ConceptDesired Value

Key StakeholdersEntrepreneurial Perspective Impact Statement

Solution Criteria:

Entrepreneurial Opportunity CanvasAU Designed by: Date: Revision:

1. Designed by: Kevin Sessions
2. Date: 10/20/2022
3. Revision: A
4. Inspirational Value: The customer would not have to own a specific vehicle class to use a trailer. The cost savings and availability to accomplish they trailer goals without the purchase.
5. Nature of the Business: Logistics/transportation
6. Personal Value: Gaining the customer's business otherwise realized competitors that require a specific tow vehicle. Customers who do not own a trailer can realize the options trailer utilization brings.
7. Type of Business: Private – solely owned Partnership Franchise Full-time or part-time
8. Primary Stakeholders: Investors
9. Secondary Stakeholders: Community
10. Icon:
11. Insight Statement: Being willing and able to see the opportunity of merging or creating new ideas or innovating removes the friction of opportunities, needs, and desires. "How might we use trailers without a tow vehicle?"
12. Opportunity/Problem Description: 1)-Providing the trailer type required without the requirement to purchase it. 2)-Availability of trailers without a specific vehicle capable of transporting the trailer. 3)-Overpriced retailers can exploit the occasional need for towing vehicles.
13. Impact Statement: Customer projects, vacations, and anything requiring a trailer will now be available. Becoming an owner of a franchise is an option to better their economic position.
14. Solution Criteria: 1)-Provide trailer(s) in a timely manner. 2)-Trailer options for the customer. 3)-The rental rate of the fleet. 4)-Rental cost, availability, demand.