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Management
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Coursework
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English (U.S.)
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Assignment 2: Feasibility Analysis Small Business Management

Coursework Instructions:

Assignment 2: Feasibility Analysis
Due Week 6 and worth 135 points
"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:
Conduct a feasibility analysis in which you research:
Industry and Market Feasibility
Product or Service Feasibility
Financial Feasibility
Entrepreneurial Readiness
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.)
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.

Coursework Sample Content Preview:

Assignment 2: Feasibility Analysis (Small Business Management)
Name
Course
Date
Industry and Market Feasibility
The real estate market is growing and has huge potential, while Blockchain been adapted into various industries, providing solutions and allowing connections. Blockchain contain records linked via cryptography and were first used for cryptocurrency bitcoin. The real estate technology company connects more people, and provides more opportunities for people as entry into the traditional real estate market is high. There is greater transparency when using Blockchain in real estate unlike the traditional real estate market that has at times been opaque, and especially for the expensive properties (Puthal et al., 2018). As the technology is adopted there will be more information in the real estate information database, allowing the Blockchain-based platforms to support more applications.
The technology is also beneficial as it increases efficiency, especially lowering fees and facilitating transactions to be conducted faster. When using the services of the technology company there are less fees as is the case with many brokers, there are fewer investment fees and, transfer fees and exchange fees. Blockchain helps to speedup transactions, which tend to be slow in the real estate market. Since the blocks of data are linked together and there is decentralization of the data, there is greater transparency in tracing the data and combined with effeminacy users get the data and information they want when they most need it (Corluka & Lindh, 2017).
Product or Service Feasibility
Blockchain technology prevents data manipulation and many processes become paperless and the time to verify contacts may become shorter. Even though, Blockchain is an emerging technology it has great potential to enhance service delivery in the real estate market. Furthermore, increase in liquidity in the sector will likely influence pricing and reduce barriers in the sales process. As technology firm, one of the main goals remains providing technology solutions. However, the challenge the increased liquidity in the real estate market there may be increased volatility and risks. The real estate market is appealing to investors who diversify their portfolios from the stocks and bonds partly because it is not as liquid as these investments.
Harlet Technologies eases the real estate market processes, but security and transparency remains the top priority for users of Blockchain. However, before enjoying the benefits of the technology there is a need to consider the legal and technical issues likely to affect adoption of Blockchain. In any case, Blockchain platforms are a good option to connect the home owners w...
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