Before embarking on an entrepreneurial venture, it is important to know the risks associated with such a venture as well as to understand the traits of those who have been successful in similar ventures. It is also necessary to consider the appropriate structure for the venture to assure protection of intellectual property and limit liability. In this assignment, you will describe a behavioral health venture you would consider undertaking.
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General Requirements: Use the following information to ensure successful completion of the assignment:
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.
Refer to Chapters 2-4 of the Publication Manual of the American Psychological Association (6th ed.) for specific guidelines related to doctoral level writing. These chapters contain essential information on manuscript structure and content, clear and concise writing, and academic grammar and usage.
This assignment requires that at least two additional scholarly research sources related to this topic, and at least one in-text citation from each source be included.
You are required to submit this assignment
Directions:Write a paper (1,250-1,500 words) that describes a behavioral health venture you would consider undertaking. Include the following in your paper:
An overview of a behavioral health entrepreneurial venture you would consider undertaking. What need would the venture fill? Why would you consider this venture?
A research-based discussion of the risks associated with launching such a venture.
A research-based discussion of the psychological profile of entrepreneurs who have successfully launched similar ventures. What personal traits contributed to the success? Who could be considered the model entrepreneurs in this type of venture?
A research-based discussion of and rational for the preferred business structure for this venture. Why is this structure the most appropriate? How does it protect the intellectual property of the venture?
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