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Flashcards in entrep: 12 R's of opportunity screening Deck (18)
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1

Vision mission and ovjectives

relevance

2

opportunity to match values

resonance

3

opportunity resonating to interests talents and skills

reinforcement

4

sales potential

revenue

5

addresses the unfulfilled or underserved needs

responsiveness

6

expanding through branches for rapid growth

reach

7

tapping many market segments of the industry

range

8

the next big thing

revolutionary impact

9

highest returns on investment, high profile recognition

returns

10

easy implementation

relative ease of implementation

11

requiring fewer resources

resources required

12

entrepreneurial endeavor requires risks

Risks

13

costs related to preparation for the launch of business

pre-operating costs

14

long term investment for the actual business establishments

production/ service facilities investment

15

needed to operationalize the business

working capital investment

16

monetary transaction that business is expected to engage in

financial forecast

17

measures an enterprise's performance in terms of revenue and expenses

income statement

18

pertains to asset, liabilities, and equities

balance sheet