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We have found that the most important one is the correct reflection of the viewpoints of three constituencies. Show the nature of the industry; e.g., franchised weight-loss clinics may develop fast, but they’ll decline quickly when competitors stiffens. To make a convincing case that a substantial market exists, establish market curiosity and document your claims. The primary distinction between profit and non-profit organizations is that “for-profit” organizations look to maximise wealth versus non-profit organizations, which look to supply a higher good to society.

The panelists advised them to take their financial estimates again to the drawing board and before approaching …