Write business idea that you would like to explore throughout the course or even as a future entrepreneur. Having decided on the business idea complete the following critical thinking activity:

1. What problem is your business idea going to solve?

2. Is there really an opportunity for your business to be successful and if so why?

3. Is there competition? Who are these competitors? How will you be better than they are? Complete a competitor analysis.

4. How do you feel about starting a business? Excited, nervous, afraid, or some other emotion?

Market assessment for your business idea

2. Complete a Marketing Plan

3. Conduct a Swot Analysis.