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bootstrapping Overall Potential Each part has five items. Scores will range from -5 to +5 for each part. The score is a guide there is

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bootstrapping Overall Potential Each part has five items. Scores will range from -5 to +5 for each part. The score is a guide there is no established rule-of-thumb for the numerical score that equates to high potential, moderate potential, or low potential for each part. The ranking is a judgment call. Score (-5 to +1) Overall Potential of the Business Idea Based on Each Part Suggestions for Improving the Potential Part 1: Strength of Business Idea High potential Moderate potential Low potential Part 2: Industry-Related Issues High potential Moderate potential Low potential Part 3: Target Market and Customer Related Issues High potential Moderate potential Low potential Part 4: Founder- (or Founders-) Related Issues High potential Moderate potential Low potential Part 5: Financial Issues High potential Moderate potential Low potential Overall Assessment High potential Moderate potential Low potential Summary-briefly summarize your justification for your overall assessment: Part 4: Founder- (or Founders-) Related Issues Low Potential (-1) Moderate Potential (0) High Potential (+1) 1. Founder or founders No experience Moderate experience Experienced experience in the industry 2. Founder or founders No skills Moderate skills Skilled skills as they relate to the proposed new venture's product or service 3. Extent of the founder None Moderate Extensive or founders professional and social networks in the relevant industry 4. Extent to which the Weak Moderate Strong proposed new venture meets the founder or founders personal goals and aspirations 5. Likelihood that a Unlikely Moderately likely Very likely team can be put together to launch and grow the new venture Part 5: Financial Issues Low Potential (-1) Moderate Potential (0) High Potential (+1) High Moderate Low One Two to three More than three 1. Initial capital investment 2. Number of revenue drivers (ways in which the company makes money) 3. Time to break even One to two years Less than one year More than two years Weak Modest Strong Low Moderate High 4. Financial performance of similar businesses 5. Ability to fund initial product or service) development and/or initial startup expenses from personal funds or via bootstrapping Overall Potential Each part has five items. Scores will range from -5 to +5 for each part. The score is a guide there is no established rule-of-thumb for the numerical score that equates to high potential, moderate potential, or low potential for each part. The ranking is a judgment call. Score (-5 to +1) Overall Potential of the Business Idea Based on Each Part Suggestions for Improving the Potential Part 1: Strength of Business Idea High potential Moderate potential Low potential Part 2: Industry-Related Issues High potential Moderate potential Low potential Part 3: Target Market and Customer Related Issues High potential Moderate potential Low potential Part 4: Founder- (or Founders-) Related Issues High potential Moderate potential Low potential Part 5: Financial Issues High potential Moderate potential Low potential Overall Assessment High potential Moderate potential Low potential Summary-briefly summarize your justification for your overall assessment: Part 4: Founder- (or Founders-) Related Issues Low Potential (-1) Moderate Potential (0) High Potential (+1) 1. Founder or founders No experience Moderate experience Experienced experience in the industry 2. Founder or founders No skills Moderate skills Skilled skills as they relate to the proposed new venture's product or service 3. Extent of the founder None Moderate Extensive or founders professional and social networks in the relevant industry 4. Extent to which the Weak Moderate Strong proposed new venture meets the founder or founders personal goals and aspirations 5. Likelihood that a Unlikely Moderately likely Very likely team can be put together to launch and grow the new venture Part 5: Financial Issues Low Potential (-1) Moderate Potential (0) High Potential (+1) High Moderate Low One Two to three More than three 1. Initial capital investment 2. Number of revenue drivers (ways in which the company makes money) 3. Time to break even One to two years Less than one year More than two years Weak Modest Strong Low Moderate High 4. Financial performance of similar businesses 5. Ability to fund initial product or service) development and/or initial startup expenses from personal funds or via

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