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BEST IDEA SCREENING

Macro Scanning
Group members: Tessa-Mae lee Melonie Hill Alicia, Sheena Brown

Business Ideas Perfec Easy Balance Money Sub- Risky Total Critical Success Factor
t to Out Making Total
Match Start
(+) (+) (+) (+) (=) (-) (=) Write it out
2 2 3 4 11 2 9  Location
Techno Electronz  Marketing

4 5 3 3 15 2 13  Attract and satisfy


Magical Decor Party Supplies customers
 Secure finance and
Expansion
5 4 3 4 16 2 14  Online
Donnies Personalized logos  Physical

4 4 3 3 14 2 12 
Catering Services 

5 4 3 4 16 1 15  Raw Material
JAH Blendz  Marketing
Smoothies & Shake Bar

Scoring: Extremely High – 5 High – 4 Average – 3 Fair – 2 Poor – 1 Absent – 0

Perfect Match - Match skills and ability of entrepreneur or key staff


Easy to start - Business can be started within a short period
Balance Out - Personal (family) cost against benefits to be gained
Money Making - Business will be profitable
Risky - Business can fail easily
Critical Success Factor - Business will not be feasible in the long run if this factor is absent
BEST IDEA SCREENING
1
Micro Scanning

Business Ideas Ready Workers Technology & Stock/ Sub- Plenty Total Add Final
Custome Available Equipment Raw Total Competi- Total Total
rs Available Materials tion from
Available previou
s page

(+) (+) (+) (+) (=) (-) (=) (+) (=)

Pre-programme 4 4 2 3 13 2 11 9 20
Software

Magical Decor Party 4 5 3 4 16 3 13 13 26


Supplies

Donnies Personalized 4 4 4 4 16 2 14 14 28
logos

Catering Services 4 4 3 3 14 3 11 12 23

JAH Blendz 5 5 3 4 17 4 13 15 28
Smoothies & Shake
Bar

Scoring: Extremely High – 5 High – 4 Average – 3 Fair – 2 Poor – 1 Absent – 0

Ready Customers - Customer demand for product/service is high


Workers Available - Qualified workers are in good supply and are readily found
Technology & Equipment Available - Business can readily access appropriate technology and equipment

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