Business Model and Feasibility Study

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Business Model and Feasibility Study

• your individual term paper!

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Business Model

• Vision What will your business look like 10
  years from now?
• Mission What, in general, will you do to get
  there?
• Goals What, specifically, will you do and by
  when will you do them?
• SWOT What internal and external positive and
  negative factors will you have to be aware of and
  deal with?
• Key Success Factors What are the factors that
  any business needs to be successful in the
  industry you have chosen?
• Competitive Profile Matrix How do you rank
  against your competitors using the KSFs?
• Strategy What will you choose cost
  leadership, differentiation, or focus?

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Feasibility Study

• Industry and Market Feasibility Did you choose
  the right industry and market? Why do you think
  so?
• Product and Service Feasibility Will you be
  able to produce the product or service at a cost
  so you can sell at a price that gives you a
  profit and customers will buy
• Financial Feasibility Will you earn enough so
  that your money, time and effort will be well
  spent or is it better if you put you money in the
  bank and you get a job?