Entrepreneurship & Innovation

Each discussion must be a minimum of 125 words of substantive content with references cited in APA format. Do not write a whole page. No copying and pasting of work previously done for someone else. 
  
Discussion Question 1
Describe three (3) critical areas of research (industry, market, competition and company)an entrepreneur should examine prior to investing in their new venture. Next, explain how this research will assist the entrepreneur in developing their business plan. Be sure to include information to justify your position.

Discussion Question 2
Discuss three (3) sources of business funding an entrepreneur could utilize to finance the startup costs of a new business. For each source of funding present two (2) or three (3) benefits and two (2) or three (3) risks. Next, elaborate on      which option you would prefer for your business model and why.

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