Technopreneurship: Evaluation of Group 1

Richelle Esguerra BSIT 4-1 EVALUATION of GROUP 1

Presentation (20%) Time (20%) Content (20%) Learning (40%) Total:

10% 19% 17% 36%

82%

Learning: I learned that the value proposition is a business or marketing statement that summarizes why a consumer should buy a product or use a service. It explains how the product solves customer problem. It delivers specific benefits. It tells also why the customer should buy from you and not to others. It is also consists of Headline, Sub-headline, 3-bullet points and the visual. The group also presents about the business plan. They describe the
business plan as a written description of your business's future. It can help perform a number of tasks for those who write and read them. When Im planning to put up a business someday, the business plan is important because it is like a road map that will tell you where you are exactly headed. It can also be used as a document to present to venture capitalists, bank manager to attract funds. The business plan has three primary parts; the business concept, marketplace section and the financial section. The business concept is where you discuss the industry, your business structure, your particular product or service, and how you plan to make your business a success. In market place section in which you describe and analyze potential customers: who and where they are, what makes them buy and so on. Lastly, in the financial section it contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. In knowing the parts of business plan, it helps me to make a business plan much easier.