This involves ideating, prototyping and birthing a business/product/service from scratch. Project appraisals involves use of deep analysis of project profitability using proven models eg Discounted Net Present value, pay back, Accounting rate of return, Internal rate of return, weighted Average cost of capital before committing resourcesWriting a bankable proposal that attracts money from venture capitalists, financial houses, friends, family and ‘fools’..
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