Venture Screening process Research Newspaper

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Venture Screening

BUS604

06 3, 2012

My organization idea is usually to have transportable compact doing exercises equipment that could be move from place to place without taking up too much space or getting to weighty to carry. My own venture will be to promote very good and healthy and balanced habits which will include a daily work out which has a multi- purpose unit. This kind of unit will probably be sold in the us and in foreign countries it will have an acceptable price of fifty dollars every unit it can be advertised upon infomercials and online (Barringer, Ireland2006). The fundamental components would be the needs from the customer, costs, and worth creation task, marketing market and item mix. In case the consumer feels that this machine meets, the requirements as far as staying easy to carry, retail store and is incredibly convent for any quick exercise; out aspect of a health club then this venture would have been a success. When you begin a venture, you have to make investments lots of money in it so that you can get your venture off the floor. When you maintain your over mind low, the product is affordable and people know about your product then your price out of pocket to start will be went back to you in a short period of your energy. You will do more than just make your money back you will begin to see revenue this will provide you with an option to pay for to probably invest in a fresh venture this can be call a venture screening process (Davison 2006). A testing of the new venture is going to identify potential markets overseas competitive advantages are low fixed costs, control over costs and location. The opportunity has been processed through security for transferring of small exercising equipment to other countries the venture can be promising. New company processes along with new-technology will provide exercising equipment in people in many places abroad. The value of each consignment is about one thousand American us dollars plus bank cards payments. All orders will be delivered inside seven days of placing purchase and the retailers will have a grace period with the credit-based card company. To penetrate the...



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