Business Plan Preparation Good Opportunities Frank Moyes Leeds School of Business University of Colorado Boulder, Colorado 1.

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Presentation transcript:

Business Plan Preparation Good Opportunities Frank Moyes Leeds School of Business University of Colorado Boulder, Colorado 1

Tonight’s Agenda Review what is a good opportunity Discuss your concept 2

Concept & Team Selection Process Jan 23 discuss your concept in class Jan 25 (Friday) 1:00pm Business Concept Description as a Word attachment to Instructor & George Deriso Must have your name & concept name in file name and on the attachment 3

Concept & Team Selection Process (continued) Jan 28 (Monday) Instructors to all students which concepts with the greatest potential that have been selected Jan 30 (Wednesday) Students whose idea are selected will form teams of four in class 4

Good Opportunity Strong opportunity/need Unique product/service Well defined target market (s) Clear benefits to the TM (not features) Sustainable competitive advantage Profitable 5

Discuss Concepts 6

Assignments for Next Week Select teams Download & read Writing a Successful Business Plan 7