Business idea
After coming up with some ideas for a new business, entrepreneurs then screen those ideas to find the best idea.
Perform a feasibility analysis to determine the viability of their business idea before they begin a business plan. You practiced feasibility analysis concepts in the learning activity.
Develop and describe your own startup business idea and then conduct a brief feasibility analysis by considering all of the following:
(1) market potential,
(2) industry attractiveness, and
(3) new venture leadership