Summary for Video Script Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Summary for Video Script. Answer: Fundamental of entrepreneurship depends on the individual ability regarding exercise of skills on business acumen with the quality of leadership. For this purpose , different segments of entrepreneurship quality is to be considered to analyze problem and respective need, market and consumers with commercial viability of the proposed business. The proposed business is bakery business involved in manufacturing biscuits and cookies. The problem and need analysis justifies this selection as the product is serving daily need of the community. For customer analysis, Porters Five Forces analysis is selected as a proven management tool. For market analysis, I have considered the statistical data insisting on local demography and the choice of the consumers along with the life cycle of the products I have chosen. This segment also includes competitors activities of the market where I want to operate. Next domain is self and team assessment through analysis of internal capabilities which are c onsidered to be my strength. This includes my expertise in this business through my theoretical and practical knowledge and my team by whom I want to start this business with the objective to excel. Next and one of the most vital parts is to justify commercial viability of the proposed business. As an entrepreneur, I have clear ideas about the financial information and the basic signals they send. The basic financial information projected for this business is income statement, cash flow and calculation of return on investments for three years. With logical and justified projection on these areas, I would be able to understand how this business can sustain in long run with ethical practices and accomplishing the set objective as per mission statement of the organization. I have to also emphasize on the USP for which my products will be sold in the market. With proper analysis of the above, I can have clear idea to accomplish my business objectives.