With this assignment, you will be addressing the fundamental question: Does this business have profit potential?
Referring to the same business you either started or purchased in the first assignment, write a three to four (3-4) page paper in which you:
- Conduct a feasibility analysis in which you research:
- Industry and Market Feasibility
- Product or Service Feasibility
- Financial Feasibility
- Entrepreneurial Readiness
- Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned? (Note: If you abandon the business idea, then you will need to select and analyze a new business that has profit potential.)
- Include at least two (2) references outside the textbook.
Your assignment must follow these formatting requirements: