The coronavirus Covid-19 pandemic has changed the way businesses operate and created new and structural challenges in various industries. With these changes have come new opportunities to adapt and innovate. This is an opportunity for ENT200 entrepreneurs to reflect and innovate on an industry of their choice. Some examples include the financial, education, and health sectors. You are required to identify the industry that your business idea will target. Accordingly, your task in this assignment is to select one industry and identify a problem in this industry for which you can build a solution/idea for how a startup can overcome the issues identified. The problem you identify should be something that has arisen during the pandemic or was amplified during the pandemic. Write a two to three-paragraph discussion on your idea and upload it to Quercus as a docx or PDF file. Your response should include a well-thought business idea in one of the industries of your choice and a feasible solution/business plan to your identified gap/problem in the industry. The reason for innovation and the subsequent solution/business plan should be clearly stated. Additionally, you should clarify your business structure, revenue model, profitability projections, cost model, and distribution plan (e.g., online or in-person). Your response should not exceed 500 words. Pages must be 8 ” x 11″ (216 mm x 279 mm). Insert a minimum margin of 2 cm (3/4 inch) around the page (top, bottom, and sides). Use a minimum font size of 12-point black type. Please use double-spacing. Do not use condensed/narrow font sizes, type density, or line spacing. Citations are not required, however, if you are using external sources, please cite using APA formatting. Your own judgment should be used when citing work.For This or a Similar Paper Click Here To Order Now
Menu
