A feasibility analysis is a chance to open your eyes, ask  yourself some very tough questions, then check to see whether your idea,  as originally conceived, needs to be modified, refocused, or changed  dramatically. (Or perhaps even scrapped altogether.)” (Abrams, as cited  in Scarborough & Cornwall, 2015, p. 237).
With this assignment, you will be addressing the fundamental question: Does this business have profit potential?
Referring  to the same business you either started or purchased in the first  assignment, write a three to four (3-4) page paper in which you:

  1. Conduct a feasibility analysis in which you research:
    1. Industry and Market Feasibility
    2. Product or Service Feasibility
    3. Financial Feasibility
    4. Entrepreneurial Readiness
  2. Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned? (Note: If you abandon the business idea, then you will need to select and analyze a new business that has profit potential.)
  3. Include at least two (2) references outside the textbook.

Your assignment must follow these formatting requirements:

  • This course requires use of Strayer Writing Standards  (SWS). The format may be different than other Strayer University  courses. Please take a moment to review the SWS documentation for  details (more information and an example is included in the Strayer  Writing Standards left menu link).
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Describe and analyze the necessary activities and key decisions to start a small business.
  • Use technology and information resources to research issues in small business management.
  • Write clearly and concisely about small business management using proper writing mechanics.

Discussion Question 1 Interview a pharmacist and ask for his or her thoughts on your role as an APN. Ask the pharmacist to share his or her opinion about how well prepared APNs should be for this responsibility and what suggestions he or she may have for your future success. In your response, talk about who the pharmacist was, what was his or her educational background, and where he or she works and list the questions you asked. Reflect upon his or her words and ideas and discuss how you feel about his or her opinion and how this might help you in your future role. Discussion Question 2 Informatics has provided multiple avenues for APNs to improve their practice. Identify one electronic source that can help you prescribe medications. Name the source and explain why this will be helpful to you in the clinical setting. List the types of information this resource provides and its limitations. Is there a cost associated with its use? If so, does the cost seem reasonable? Discuss the limitations, if any, the program has. Discuss why this program seems useful for you.
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