The submission of an idea (maybe multiple ideas) to the Buc Days Idea Challenge is an important part of this course. In an effort to help you formulate your submission plans, provide answers to the following questions:

Idea: The first step in determining the potential for your new product or service requires that you clearly describe the product or service that you are creating, developing, and assessing.

What problem does your IDEA solve and for whom? [example: personal clothing, construction materials for home builders, payroll advice for employees, etc.]

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What category of business IDEA do you (your group) want to start? [example: retail, manufacturing, service, technology, etc.]

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What product(s) or service(s) will you (your group) exchange for money (SELL)?

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What makes the product(s) or service(s) UNIQUE from other products or services?

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List some of the distinctive FEATURES or FUNCTIONS about your (your groups) business idea?

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