Business Idea
What is the business idea you have?
Part 1 – Idea Generation
Brainstorm at least 3–5 possible business ideas. Don’t worry about judging them yet!
1. ________________________________
2. ________________________________
3. ________________________________
4. ________________________________
5. ________________________________
Part 2 – Target Customers
Choose ONE idea from above and answer the questions below.
Idea chosen: ___________________________________________
Who would want this product/service?
______________________________________________________
Why would they need it?
______________________________________________________
Where would they find it (store, online, local community, etc.)?
______________________________________________________
Part 3 – Competitor Snapshot
Think of businesses that already offer something similar. Fill in the table below:
|
Competitor Name |
What they do well |
What we could do differently |
|
____________________________ |
____________________________ |
____________________________ |
|
____________________________ |
____________________________ |
____________________________ |
|
____________________________ |
____________________________ |
____________________________ |
Part 4 – Reflection
Based on your brainstorming, write a short statement:
My best idea today is ________________________________ because _________________________________