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Entrepreneurship - Business Planning

   

Added on  2022-12-18

9 Pages1210 Words31 Views
Entrepreneurship
- Business
Planning
9 / 1 2 / 2 0 1 9

Entrepreneurship - Business Planning 1
Contents
Business idea...................................................................................................................................2
Business lean canvas........................................................................................................................2
Market Research..............................................................................................................................3
Basic Financial projections..............................................................................................................4
Evaluation of the feasibility of the business concept.......................................................................5
Evaluation with the help of grid..................................................................................................6
References........................................................................................................................................8

Entrepreneurship - Business Planning 2
Business idea
In the present era, updated technology is bringing new ways and models for the entrepreneurs to
start a business. The new business idea for entrepreneurs is a feature of checking the dress on the
customer through an online website and app. In this idea, the customers will upload one of their
pictures and click on the dresses that are shortlisted by them. Then the dresses will automatically
appear on that image to present how it looks. This will be an opportunity for the customers
because of the help of 3D technology and Ditto in coming time (Ambrosi, & Pumera, 2016).
Business lean canvas
Problem
Hard decisions
for purchasing
product
Customer is
facing troubles
in visiting stores
Solution
Decisions can
be smooth with
the help of this
service as
customers can
check dress on
themselves
No need to visit
the store as the
online store
offers the best
Unique
Value
Propositions
The online
website remains
easily accessible
to customers
Easy and
tension-free
shopping
Saves the time
Unfair
advantage
The unfair
advantage is the
first-mover
advantage
within the
industry
Customer
Segments
Youth and
adults with
different ages
Focus segment
is on female

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