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2 separate word exercises. ICE #6 solve it in a separate word than ICE #5 and Entr word doc is the information about our venture.
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In Class Exercise #6
1.) Create a draft table of contents for your venture’s business
plan.
2.) Describe your process necessary for creating a business
plan.
3.) Write an executive summary for your opportunity.
In Class Exercise #5
1.) Describe your venture in terms of timing of entry as
illustrated by Figure 5.1
2.) Create a value network for your company as outlined in
Figure 5.10.
3.) Summarize your innovation strategy as outlined in Table
5.5.
sustainable urban agriculture
1.) Describe the opportunity that attracts you and why you think it is a new venture
opportunity.
The potential in sustainable urban agriculture draws me in. The necessity for ecologically friendly
practices and the growing global population have given rise to the growing field of sustainable
agriculture. Growing, preparing, and distributing food in or near urban settings is known as urban
farming. Because it promotes environmental sustainability and meets the growing demand for fresh, local,
and organic produce, this business opportunity is unique.
2.) Describe the competencies and skills you and your team members possess.
People with a variety of expertise who meet the needs of sustainable urban agriculture make up my
team. To guarantee effective and fruitful agricultural methods, we have experience in horticulture,
agronomy, and aquaponics. Team members also have marketing abilities, which they can use to
advertise and sell our produce locally. One of our tech-savvy members is capable of implementing smart
farming technology to maximize productivity and minimize resource usage. Finally, the team’s
proficiency in finance and business management guarantees the venture’s financial sustainability.
3.) Describe the passion and commitment you have for the opportunity.
Our group is dedicated to solving food security issues and environmental concerns, and we all have a
strong love for sustainable techniques. We think it’s critical to provide wholesome, locally sourced food to
communities. This project is consistent with our ideals of supporting environmentally responsible
solutions and improving societal well-being.
4.) Is this a good opportunity for you?
Yes, we have a great chance here. Our expertise, enthusiasm, and dedication put us in a strong position to
take advantage of the rising need for sustainable urban agriculture. We think there could have a positive
effect on both the environment and the community. Furthermore, the chance enables us to be socially
conscious business owners, strengthening and resiliency in the food chain.
To sum up, sustainable urban agriculture offers an exciting business opportunity that complements the
abilities, enthusiasm, and dedication of our team. We are in a good position to build a profitable and longlasting company while also having a positive influence on the environment and the neighborhood.
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