A business idea may sound great in theory; however, it may not beeasy to implement or be successfully received by the market.Develop a 3-4 page paper that includes a venture screeninginventory and an evaluation of your business idea. First, design aventure screening inventory. What are the key components of theinventory? What questions need to be asked? Second, explore yourbusiness idea by using the inventory you created. Does it meetminimum criteria of providing a value proposition to customers,fitting with your skill bank and lifestyle requirements, appearingfinancially sound and providing more potential rewards than risks?Use two resources to support your key points.
Venture ScreeningHaving a business can be through luck and perseverance but beingsuccessful in business is something that nothing can definitely predict. Thereare ideas that sound great but won’t even make it to the first base whilethere are brilliant ideas that doesn’t sound much but can be a start of a