In your own words, answer this unit’s discussion questions in a main post (recommended minimum 300 words),
Assignment Details
The most effective way for the entrepreneur to approach a new small business venture is to create a unique product or service—one that is not being offered today but would be in great demand. This approach is often referred to as new-new. The next best way to start a new small business is to adapt a successful existing concept or extend the offering into an area where it is not presently available. This approach is known as new-old.
For this discussion, choose a new-new or new-old product or service that you are personally interested in. Describe what that product or service would be and how you would go about starting a new venture around that product or service.
Discussion Board Reminders: