Management Paper

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DESCRIPTION OF NEW VENTURE ASSIGNMENT
In order to complete the next three assignments, you will need to put together an idea for a new
venture/company.
This assignment will consist of the following:
1) Elevator Pitch
aximum two sentences that describes your company idea.
2) Summary of new venture
aximum of one paragraph that describes in greater detail your
new venture and in particular the problem that you are trying to solve for your customer.
3) Who is your target customer? Why do they want to buy your product? Describe who your
target customer is and how you are going to reach them.
4) How big is the current market? How fast is it growing? How large will the market be in five
years?
5) Who is your competition? Please describe.
6) Status of your venture. Just an idea. Have developed initial product. Have sold initial product.
7) How much money will you need. Please put together sources and uses table.
Maximum length of this homework assignment is 3 pages.
Double spaced utilizing 11 font
In order to receive 100 on this homework all 7 items need to be completed in sufficient detail.
In order to receive 85 on this homework all 7 items need to be completed.

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