What is your relevant experience and education related to the product/business idea? For example, what’s your expertise, entrepreneurial characteristics, and Clifton Strengths that you bring to the business?
Revenue Streams/Pricing
How much will your good/service /idea cost the consumer to buy it?
What pricing strategy will you use such as penetration pricing, matching the competition, prestige, cost based, etc.? Explain why?
What does the target market currently pay for a different solution from a competitor to solve their problem?
What is your relevant experience and education related to the product/business idea? For example, what’s your expertise, entrepreneurial characteristics, and Clifton Strengths that you bring to the business?
What are the backgrounds or strengths of your team or possible employees, if you hire people. What roles would they assume if your business would launch?