5 Step Venture eMentoring Program™
Module 2d: Business Idea Profile
If you already have an idea for your business venture, write it down, and then list all the reasons you think it is a good idea, and one that you can make succeed. Just as you would consult a map to identify and plan the best route for a long journey, it is valuable to identify the core components or profile of your venture before you get started - for example, what resources will you require, why do you view the venture as viable, and who will buy what you are offering? These are just a few of the questions introduced below that will guide you in further profiling your business concept.
Instructions: Think about your idea(s) for a business venture and answer the questions following to begin the development of an operational framework. If you do not know the answer, write down the best answer you can think of at this point in the development of your ideas - you can always come back later and change your answer - discuss the results with your mentor, counselor or partner.