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  • To Determine The Soundness, Some of The Questions of The Business Idea That Must Be Answerable Satisfactorily Are The Following

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    Jer Cuchapin
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    This document discusses determining the soundness of a business idea by answering questions about potential sales volume, the entrepreneur's ability to produce the required volume, and whether the product or service meets a real customer need. Key factors in assessing soundness include ensuring sufficient potential sales to achieve financial goals, that the entrepreneur can produce the necessary volume, and the product addresses an actual need in the market.

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    II.a Determining the Soundness

    Original Title

    II.a Determining the Soundness

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    This document discusses determining the soundness of a business idea by answering questions about potential sales volume, the entrepreneur's ability to produce the required volume, and whether the product or service meets a real customer need. Key factors in assessing soundness include ensuring sufficient potential sales to achieve financial goals, that the entrepreneur can produce the necessary volume, and the product addresses an actual need in the market.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    15 views3 pages

    To Determine The Soundness, Some of The Questions of The Business Idea That Must Be Answerable Satisfactorily Are The Following

    Uploaded by

    Jer Cuchapin
    This document discusses determining the soundness of a business idea by answering questions about potential sales volume, the entrepreneur's ability to produce the required volume, and whether the product or service meets a real customer need. Key factors in assessing soundness include ensuring sufficient potential sales to achieve financial goals, that the entrepreneur can produce the necessary volume, and the product addresses an actual need in the market.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 3

    Determining the

    soundness

    To
    determine
    the
    soundness, some of the
    questions of the business
    idea
    that
    must
    be
    answerable satisfactorily
    are the following:

    Determining the
    soundness

    Is there a sufficient
    potential
    sales
    volume to achieve
    the required financial
    returns?

    Determining the
    soundness

    Does the entrepreneur


    possess the ability to
    produce
    the
    require
    volume?

    Does the product or


    service meet a real need

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