ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is a quick description of your business that you use to explain it to potential investors?
A
sales forecast
B
business pitch
C
business plan
D
business analysis
Explanation: 

Detailed explanation-1: -Explain your mission, philosophy and vision, company history, legal structure and core strengths. Also mention challenges, so investors know you’re aware of them. For credibility, you must be able to convey a solid understanding of your target market, industry and any competitors.

Detailed explanation-2: -Pitching in business refers to presenting business ideas to another party. For example, you may pitch your startup business to potential investors or your products to potential customers.

Detailed explanation-3: -Start your business pitch by presenting a challenge related to your product or an opportunity in the business’s industry. This is a way to attract a listener’s attention and make them think about potential solutions to your challenge. Try to make this opportunity something that the business directly addresses.

Detailed explanation-4: -Create a presentation. Practice your pitch. Outline the problem with a story. Your solution. Your target market. Your revenue or business model. Your successes: Early traction and milestones. Customer acquisition: Marketing and sales strategy. More items

There is 1 question to complete.