The first part of your business plan for Remodeling Industry in the Illinois. you will identify a product or service business. Utilize at least two Library sources and the textbook Neck, C., Murray, E., & Neck, H. (2020). Entrepreneurship: The Practice and Mindset (2nd). Sage, Thousand Oaks, CA. for your assistance. You can also use entrepreneur journal and solid internet sources as needed. No blogs or Wikipedia, please.
Do your best to ensure that you are able to get adequate research for this project. (Don’t make this overly complicated.) And just because you are in this industry, does not mean that you will fulfill the research component. Include a reference page and citations (see APA example). Please be sure to address the following questions thoroughly in this submission:
• What is the product/service and what are its details? (At least one paragraph.)
• What is the problem you are solving? (Write a one to three sentence problem statement highlighting a single key issue and answering the following questions: What is the problem? Approximately how many people are affected by the problem? To what extent are people affected? What aspects of life are affected?)*
• What is unique about your business? What makes your business different than all the other ones out there? (At least one paragraph.)*
• Who would be your target market (segment down deeply)? Why does this target market want/need your product/service? (At least one paragraph.)*
• Who is your competition?*
