Order 863609: Product Feasibility

Requirements

1 Introduction:

· Name of your proposed entrepreneurial venture

· Description of the proposed import opportunity

· One paragraph summary of the venture

2 Product Feasibility.

· Product desirability – Concept test and results

· Product demand – Buying intention survey and results

3 Industry and Target Market Feasibility

· Industry attractiveness

· Target market attractiveness

· Timeliness of target market entry

4 Product Sourcing

· Identity of two potential suppliers and their contact information

· Evaluation of both suppliers (based on available information and criteria you develop) – Critical component

· Recommendation of the preferred supplier and rationale – Critical component

5 Financial and Legal Feasibility

· Legal/import regulation issues (if any), including the appropriate harmonized code, a listing of any applicable trade agreements and related tariffs and taxes, licenses, documents and labels required.

· Landed cost projections (including details of all assumptions made, itemised list of the total cost of importing the product).

· Break even calculation.

6 Summary and Conclusion: