Analyze the business idea rejected by the dragons

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Reference no: EM133396163

Questions: After watching this video in which the business idea presented by the entrepreneur, was rejected by the Dragons.

Follow the steps below to analyze the business idea rejected by the Dragons, and then create a written report for submission.

Here are the steps and guidelines for the report:

In an introductory paragraph, summarize the Dragon's Den episode you used for the assignment.
Mention and explain one major problem which made the Dragons reject the business idea (i.e., Identify the main problem which the business owner must resolve).
Mention and analyze at least two alternative solutions which the entrepreneur(s) could use to address the problem identified in step 2 above. Remember to discuss at least two pros and two cons of each alternative solution you identify.
Select the best option of the alternative solutions discussed in step 3. Remember to have a strong/convincing argument to support your choice.
Write convincing conclusion, explaining why this new solution/plan, will help the business to be more successful. The conclusion should be in the form of a pitch which the entrepreneur could use to persuade the Dragons to give her/him a second chance.
Put all the parts together in a coherent report. Each step should have its own subheading. Edit the work when completed, and submit it for grading.

Reference no: EM133396163

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