“Conduct an in-depth viability assessment for the business idea: {BUSINESS_IDEA}. Analyze its potential for success by evaluating multiple critical factors, including market demand, competition, target audience, cost structure, scalability, and profitability potential.
- Market Demand & Trends
- Identify the current and projected demand for {BUSINESS_IDEA} in {TARGET_MARKET}.
- Research industry trends, consumer behavior, and technological advancements that impact demand.
- Provide data or case studies that illustrate the sustainability and potential growth of the market.
- Target Audience & Customer Pain Points
- Define the ideal customer profile, including demographics, behaviors, and purchasing power.
- Assess the core problems or inefficiencies that {BUSINESS_IDEA} aims to solve.
- Estimate the willingness of the target audience to pay for this product or service.
- Competitive Landscape & Differentiation
- Identify key competitors and analyze their market positioning, strengths, and weaknesses.
- Compare pricing models, branding, and unique selling propositions (USPs).
- Highlight opportunities for {BUSINESS_IDEA} to stand out and gain a competitive edge.
- Cost Structure & Financial Feasibility
- Outline the estimated startup costs, operational expenses, and pricing strategy.
- Evaluate possible revenue streams and profitability margins.
- Assess risks such as seasonality, supply chain issues, or regulatory challenges.
- Scalability & Long-Term Growth Potential
- Determine if the business model is scalable and can expand to {GEOGRAPHICAL_EXPANSION} or other market segments.
- Identify potential partnerships, funding sources, or technology integrations that could accelerate growth.
- Suggest strategies for sustainable expansion while maintaining profitability.
Final Viability Score & Recommendations
Provide a viability score (low, moderate, or high) based on the analysis. Include a summary of findings, key risks, and strategic recommendations to enhance success potential.”
