5.8 Discussion Questions
- What role do customers play in innovation? Is innovation possible without customer support?
- Do you believe that teamwork is important to entrepreneurship? Or do you prefer solopreneurship? Is one approach “better” than the other? Why or why not?
- What are the advantages of using a canvas to plan your business?
- What types of businesses fit best with each respective canvas type?
- Why would impact measures be important in social entrepreneurship ventures?
- How do the arts relate to the business model creation process?
- What are the advantages of using a lean model canvas compared to the traditional business model canvas?
- What components are in the breakeven analysis? How would you calculate your breakeven point?
- Why is feasibility analysis important?
- What are the different components of a feasibility analysis?
- Explain the purpose and importance of business plan.
- Describe the components of a business plan.
- Should you write a business plan even if you do not need outside financing? Why or why not?
