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Discuss how the business is financed and what the revenue model is (20%).

You are a young Entrepreneur who wants to develop and introduce a Personal Emergency Alert Device Containing Real time Location. The device is able to make noises to attract pass-byer attention and sending user’s location to the nearest police officer and their registered emergency contacts (family, friends,..).

Writing a 2200 word report ( don’t write introduction and conclusion) covering all the following aspects:

1. Discuss the value proposition (10% out of 100% mark)

2. Discuss main industry vulnerabilities and market dependencies (25% out 100% mark)

3. Discuss the business strategy (25%)

4. Discuss how the business is financed and what the revenue model is (20%)

5. Identify and discuss who the suppliers of your business could be (10%)

6. Discuss what kind of people the business should recruit (10%)

Ensure that your report has a strong academic foundation including theory, empirical evidence and references.

If you use material from case studies or company websites remember that these need to be properly quoted and referenced just like all other materials.