business idea

The Executive Summary is made up of several pieces. Each piece addresses a certain part of business and the business plan. The first part deals with an” industry “( a part of the economy)—-your assignment for this week is to choose an industry that you believe will be thriving and a winner over the next 5 years or so. Along with an industry, you need to come up with a “product” that could take advantage of your choice of industry. The 2nd topic to cover is the “product” you intend to produce and market. You don’t need to go into great detail, however, this is where you need to give enough information to the public, that they can “easily” see and understand why your company will succeed and be successful. Make it clear and concise. Support with analysis. Show the value this product will bring to the customer base and ultimately this segment of your chosen industry. Once again, keep it to 2 or 3 paragraphs—-simple is good—-complicated is not good. Post it along with 2 or 3 paragraphs on how you will “compete” with companies that offer a product or service similar to the one you have chosen.—post this first part of the project Friday or Saturday at the end of week # 6. Each submission can be awarded up to a maximum 15 points. I will comment back to you on your submission.

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