“Problem statement or opportunity
Budget: $30 – $250 AUD
a marke tof your choice(, make sure you do not represent an existing company), explore an opportunity you see or a problem that potential customers are facing. Carry out some research (secondary sources) to provide some evidenceand articulateyour opportunity or problem space clearly.Present your business idea as a solution to the problem or as addressing the opportunity.
Length: 200 -500words for “Problem statement or opportunity
1 Write abrief summary of your proposed business~10words
2 Write a short statement of the problem or opportunity your business will address (with a clear scope)10 –20 words
3Provide evidence of the problem or opportunity from reliable sources.250 –500 words
Strict Problem or Opportunity statement
●Clear description of the problem or opportunity
●Specificity (clear scope)
.Evidence of problem or opportunity
●Support with authoritative data and literature(citationsand references)
Length: 200 -500words for “Problem statement or opportunity
1 Write abrief summary of your proposed business~10words
2 Write a short statement of the problem or opportunity your business will address (with a clear scope)10 –20 words
3Provide evidence of the problem or opportunity from reliable sources.250 –500 words
Strict Problem or Opportunity statement
●Clear description of the problem or opportunity
●Specificity (clear scope)
.Evidence of problem or opportunity
●Support with authoritative data and literature(citationsand references)