Individual Assignment #1 Home-Based Business Idea Business Coursework

I am attaching the doc with the instructions and the questionnaire developed by Small Business B.C.
My professor posted some links of business ideas to help, let me know if you need them and I will send it to you.

Identify, research and present a business idea for a home-based business. The idea should address a need (B2C or B2B), preferably one that has arisen because of the COVID-19 pandemic; however, this is not mandatory. What is mandatory is that there is a need.  The idea doesn’t need to be a new innovation.  It can be an existing product or service that’s not offered in this market or one that’s differentiated from existing offers in such a way that it creates demand.

The pandemic has affected virtually all aspects of our lives.  Bernhard Schroeder, Director of Lavin Entrepreneurship Centre, San Diego State University, suggests that there’s an opportunity for businesses to meet new needs that have developed as a result of the pandemic that has affected virtually all aspects of our lives. (Schroeder, 2020).  For instance, Dianne Buckner, CBC News, reports of firms that provide virtual services (funerals, veterinarian telemedicine, food delivery and an advertising firm).  (Buckner, 2020).

REQUIREMENTS

1. Develop an idea for a home-based small business.  Whatever the idea, it must meet a need. Preferably, it meets a need that has developed because of the pandemic.


2. Complete the questionnaire developed by Small Business B.C. and support responses with Internet research. 


3. Summarize your idea in one paragraph. Include:

• The idea


• Identify the need or problem – preferably, one that has arisen because of the pandemic


• State how your idea meets the need or solves the problem


• Describe your target market and your idea’s unique selling proposition

Other Requirements

• Cover page includes student name/number, course name/code, assignment title, instructor’s name, date.


• In-text citation and references use APA style
  
  
  
  • Paraphrase instead of using quotations. If in doubt, cite.
  
  
  
  


• Use the grading rubric to guide the development of your responses


• Submit by due date, 11:59 p.m. June 1, 2020, via Assignment Dropbox

References

Buckner, D. (2020). “Are we nuts? Meet Canadians who started businesses during the pandemic.” CBC News. Retrieved from: https://www.cbc.ca/news/business/dianne-buckner-entrepreneurs-pandemic-covid-19-1.5535960

Schroeder, B. (2020). “Startup opportunities coming out of the pandemic – some are opportunistic, others will be here for a long time.” Forbes, April 9, 2020. Retrieved from: https://www.forbes.com/sites/bernhardschroeder/2020/04/09/startup-opportunities-coming-out-of-the-pandemic-some-are-opportunistic-others-will-be-here-for-a-long-time/#25e5e75c9350

GRADING RUBRIC FOR ASSIGNMENT #1 - BUSINESS IDEA