This assignment can be done as a group of $1-3$ students.

Develop a basic business idea and to develop a $2-4$ page business pitch

proposal in support of it$.$

The proposal should cover the following central areas at a minimum $($in no particular order$)$:

$\backslash$table$[[$Overview of your Business Idea,POINTS,Grade out of $5],[-$ Type of Business $($Retail$/$Mfg$/$Online$),10,],[-$ Location,$10,],[-$ Owners$/$Employee$,10,],[$Feasibility diagrams for development is encouraged.,,$],[-$ Explained why is the poduct feasible to produce?,$10,],[-$ Evidence of Research and Testing being conducted?,$10,],[-$Product Concept defined?,$10,],[-$ Sketches$/$Diagrams$,10,],[$Market$,,],[-$Demonstrated market for the product? Evidence provided?,$10,],[-$ Clear Customer profile defined?,$10,],[-$Defined market for the product identified?,$10,],[-$Identified market characteristics are critical to success?,$10,],[$Competition$,,],[-$Defined market competitors? Corporate? Product?,$10,],[-$Patent protection? Patent search?,$10,],[$Strategy$,,],[$Defined competitive advantage?,$10,],[$Go forward strategy defined? Path forward defined?,$10,]]$