koi bus302 entrepreneurship critically evaluate the ventures business model and challenges

Question:
Please select an Australian startup venture of your Interest (the venture must not beset up for more than seven years, and is still operating), and critically analyse:
1. Business Information:
Brief introduction of the chosen startup venture
Who and where are the business’s targeted customers?
What customer wants, needs, problems or fears Is the venture trying to address?
What are the major product/service benefits, features and/or experience?
What differentiates the business from current opposition/competitive offerings in the market?
How attractive is the Industry that the business is located in, and How competitive is it?
2. Business model:
Critically evaluate the venture’s business model and value proposition.
3. Challenges:
What were the major challenges the venture encountered at different stages, and how did the venture manage to overcome them?
4. Lessons for other businesses:
What are the key lessons that other businesses In the same Industry can learn from this startup venture?

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