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Questions and Answers
What method of delivery will Rose Yard Cupcakes use for their vegan cupcakes?
What method of delivery will Rose Yard Cupcakes use for their vegan cupcakes?
- Delivery truck
- Electricity powered van (correct)
- Bicycle
- Scooter
What is one assumption that Rose Yard Cupcakes will assess about their business idea?
What is one assumption that Rose Yard Cupcakes will assess about their business idea?
- Initial marketing efforts will not be needed (correct)
- Selling only cupcakes will not help the brand become distinctive
- Customers prefer non-vegan cupcakes
- Customers will not pay a premium for vegan cupcakes
What will help Rose Yard Cupcakes' brand to be distinctive?
What will help Rose Yard Cupcakes' brand to be distinctive?
- Using imported ingredients
- Selling only vegan cupcakes (correct)
- Using locally sourced ingredients
- Providing non-vegan options as well
What does Rashmi Sinha compare a founding vision for a start-up to?
What does Rashmi Sinha compare a founding vision for a start-up to?
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Why is it essential to assess your business idea?
Why is it essential to assess your business idea?
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What can happen if entrepreneurs execute their business ideas too early?
What can happen if entrepreneurs execute their business ideas too early?
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What is the importance of testing a business idea early on?
What is the importance of testing a business idea early on?
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What is the risk of waiting too late to launch a business?
What is the risk of waiting too late to launch a business?
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