ENTREPRENEURSHIP - REVIEWER 3

Who are your customers? The main reason why you are creating your products and services are simply for your customers.

What benefits can your products and services provide ta your customers? Determine what makes your product unique and better from your competitors

How will your product and service reach your customers? It is the process of bringing the product and services to the customer.

What do you need to manage your business? Resources are needed to create value for customers.

Tangible resources use to create its value proposition such as raw material, buildings, machines and tp/edn factory, distribution systems and etc.

The employees are the most valuable key resources that help develop the business through creative innovatios and have the needed skills and knowledge that bring out the uniqueness of your business from that and others

These are significant intangible resource that can be used when promoting new products such as brand, copyrights, partrnerships, or even a food recipe.

Money or capital is the most essential resource needed to start out buying things for your business.

What will you do to attain your value proposition? The customers are expecting extra ordinary things from your business. These are important strategy that the company will implement to operate successfully and to achieve a competitive edge in the business industry.

Who are your suppliers/key partners? Businesses cannot function properly without key partners that provide ability to serve customers. are the relationship of a business with another business to ensure that your business model will work.