Entrepreneurship & Innovation

Each discussion must be a minimum of 125 words of substantive content with references cited in APA format. Do not write a whole page. No copying and pasting of work previously done for someone else. 

Discussion Question 1  

Discuss the value that entrepreneurship brings to both a country’s economy and society. Next, identify two (2) or three (3) challenges that entrepreneurs must      overcome and how the use of a comprehensive business plan can enhance their chance of success. Provide support for your response.

Discussion Question 2

Explain the purpose of a Feasibility Analysis and describe how it differs from a Traditional Business Plan. Next, identify three (3) elements of a Feasibility Analysis that may keep an entrepreneur from moving forward with their business concept. You will also need to fully describe how the use of a business plan can help overcome these challenges.