Expert Answer:Choose any venture idea you would like to undertak

Answer & Explanation:Choose any venture idea you would like to undertake and provide the following: 1-Brief explanation of the idea and what are the consumers’ needs it will address (200-300 words). 2-Evaluate the financial potential of the idea with proper and realistic justifications (200-300 words) 3-Discuss how you realized the potential of this idea (100 words) 4-Analyze the size of the market of your idea (300-500 words) 5-Briefly discuss your competitions, existing substitutes to your ideas, threats of new entrants (300-500 words) Learning Outcomes: Design a solid projected financial Plan and conduct a breakeven analysis for a small company. (Lo 2.5).Demonstrate a solid understanding of the potential of entrepreneur in today’s competitive business world. (Lo 1.2).Describe the importance of creativity and innovation which are the integral parts of entrepreneurship. (Lo 1.1)Demonstrate ability to think independently and systematically on developing a viable business model (Lo 1.3 & 3.7). Assignment specific instructions: 1-Properly reference any used sources using APA-Style referencing. 2-The suggested word-counts is for guidance only. You will be marked based on quality of your work, not the quantity. 3- WORD format only4- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

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