What is your Total Revenue (or Sales Trend) over the last 3 years with a projection for next year?

It’s your turn to enter the Shark Tank!

In this Final Discussion, you are seeking an investment for your business or product you’ve developed.
Yes, you make up your own business or product! This should be your original idea. It should not just be an existing product or business. It is OK if your product is derived from another product or business, but it should have unique qualities and characteristics to make it your original idea for a product or business.

For your Initial Post:
Prepare an individual presentation e.g. in PowerPoint or Google Slides and prepare 10 slides (see points below). Attach a PDF of your presentation to the Discussion for the sharks to review.

Pitch “shark” investors (aka your classmates) your idea

Entrepreneurs/Presenters: You are seeking investment for your business or product you’ve developed. Pitch to the “sharks” and convince them to invest in your product.

Just like on Shark Tank, the sharks are welcome to find weaknesses and faults in an entrepreneur’s concept, product, or business model. Or they may choose to invest in their business/product.

Make sure this presentation is all-encompassing. And make sure this is your own work! Here are points to think about. Each point should have its own slide.

What is your Product?
What is the Investment you’re seeking (dollar amount and ownership stake)?
Why is your product Important? i.e. why is there a need for your product?
What is your Solution? i.e what is the purpose of your product?
How does your product Work? i.e. what does it do?
Why your Target Market should buy your product? i.e. what are your product’s benefits?
How much does it Cost? i.e. what is the Marginal Cost? What ideas do you have for reducing costs? Where are you currently on your long-run ATC curve? i.e. at the bottom or still room to reduce costs? How much do you Sell it for? What is your Marginal Revenue? i.e. show the sharks how much economic profit is in each product, e.g. Economic Profit.= (P – A)*Q
What is your Total Revenue (or Sales Trend) over the last 3 years with a projection for next year? What are your Total Costs? What is your optimal level of output to maximize economic profits? Show on a graph (hint: show a graph based on the appropriate Market Model, which you can copy or draw by hand and paste into your presentation, and indicate amounts for P, A and Q.) Show a bar chart of your Total Revenue and Economic Profits over that 4-year period.
In which economic Market Model does your product fit and explain why? Identify one characteristic of your product that makes your product fit in that Market Model? What level of barriers to entry exists? How will you Market your product? i.e how/where do you sell?
Why do you need the Investment? And Close the deal!!!
Presentation:
Your presentation of your PDF of your slides is being graded in this Final Discussion. Make sure this is your own work!
Remember –
This is your shot! Your one-time to pitch to the sharks!!
Make your presentation impressive. Include images, pictures, diagrams, logos, charts, etc.
You should have 10 slides (i.e. one slide for each point listed above), so you will have space to include and impress with your slides.

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