new venture business model canvas

provide in detail the following information:

1. Recommend which of your 3 alternatives has the most potential? Say why you chose it – show market growth and size of market; size (population) of target audience (use census data or AI to discover size.) etc. (SHOW NUMBERS); your choice should have limited direct competition or be a disruptor of the market (see file under powerpoints or 2/17 video for definition of disruptor).

2. Provide a paragraph (2-3 sentences) which describes one of your recommended products/service ventures (one with most potential) and what unique solution or benefit(s) it provides to your target audience ie what is its value proposition?

3. Provide a specific target definition for your initial primary audience (Men, women, age range, married, single w kids or not?; define any lifestyle related to product, income range?); in what geographically defined area- how many people does this represent you should have answered this in question 1? Utilize US Census to determine/define.

4. What is the revenue model for your product in other words what are the revenue stream(s) that your product will provide. what will you charge for your product(s)/services?

5 How will you manufacture, operationalize, distribute and/or sell your product /service to the end user consumer? yourself, outside entity and why?

6. What ongoing costs will you have to operate your business- not investment. Cost to make and provide your product or service. Materials, supplies, labor etc.- be specific. Preliminarily, what will be the cost and price per unit of your product/service?

Requirements: complete questions

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