New Venture Concept Plan

New Venture Concept Plan The purpose of this assessment is to evaluate your understanding of the process of bringing a new idea into commercialisation, with a focus on the human resource management issues. So, for this assessment, a full business plan is not required. **THE BUSINESS IDEA WILL BE THE IDEA THAT I WILL ATTACH IN THE ATTACHMENT PART PLEASE READ IT CAREFULLY** You will be required to outline the new venture concept and provide support for this idea -SWOT Analysis (strength, weakness, opportunity, thread) -how much is the product going to cost (very detail) -discussion of the selection and skills/experience of the management team/key employees, -rent, staff wages (running cost of office) electricity (don’t have in deep, just have the idea) -discussion of the intended organisational structure of the organisation including board/advisors, -required funding and source of funding, and timeline for the business to emerge into profitability. **REMEMBER THAT THE BUSINESS IDEA WILL BE THE IDEA THAT I WILL ATTACH IN THE ATTACHMENT PART** new idea into commercialisation with focus on the human resource MANAGEMENT ISSUE. (HOW YOU ACTUALLY BRING THE ATTACHMENT IDEA WHICH IS SMART SOLE TO THE MARKET)