Worksheet
Business Opportunity Worksheet MKT/431 Version 3 |
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Business Opportunity Worksheet
Refer back to the business that you started in MGT/401. Complete each section below. Be sure to cite your sources when necessary (including all uses of the textbook).
Market Trends
Research the market trends that apply to the industry. In 350 to 700 words total, describe how your business opportunity completes each of the following:
Adds value to a customer or end user | |
Solves a significant problem or satisfies a significant want/need | |
Money-making characteristics |
Four Capital Factors
Review the four capital factors. Discuss in 3-5 sentences per topic how your business idea is a good fit with each of the four capital factors.
Capital Factor | Example of Capital Factor | How does your business idea fit? |
Human Capital | Skills, knowledge, and abilities you’ve developed throughout your career | |
Sociological Capital | Networks and support groups | |
Psychological Capital | Attitudes, values, opinions, and beliefs | |
Financial Capital | Financial, accounting, data analysis, and quantitative factors |
Research Sources
Include at least three research sources on market trends to support your opportunity.
Research Source APA Citation | Explain how it relates to or supports your business opportunity. |
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