Street Vendors: Their Business Challenges and Solutions

Report
On
“STREET VENDORS: THEIR BUSINESS

CHALLENGES AND SOLUTIONS”
Report
On
“STREET VENDORS: THEIR BUSINESS
CHALLENGES AND SOLUTIONS”
Prepared for:
Md. Ssimum Hossain, CFA
Assistant Professor
Department of Finance
University of Dhaka
Prepared by:
Ashraful Islam Showrov
ID No: 25-074 (Section: C)
University of Dhaka
Date of Submission: February 7, 2019

February 7, 2019
Md. Saimum Hossain

Assistant Professor
Faculty of Business Studies(FBS)
University of Dhaka
Subject: Letter regarding submission of report on “Street Vendors:
Their Business Challenges and Solutions”
Dear Sir,
Here is the in-depth qualitative report of “Street Vendors: Their
Business Challenges and Solutions” that you authorized on
January 31, 2019.
I have tried my level best to know about street vendors’
background, their nature of business, the challenges they face and
the solutions to the challenges. To collect information, I visited my
home district Gazipur and talked with three street vendors to know
about that queries. This report describes their profile in detail.
Thank you for providing me with this opportunity and hope that
you’ll consider all my faults generously.
Sincerely yours,
Ashraful Islam Showrov

ID No: 25-074, Section: C
University of Dhaka
Contents
No table of contents
entries found.
Executive Summary
Street Vendors: Their Business Problems and Solutions
1. Introduction
Street vendor is a very familiar person in Bangladesh, specially in urban areas.
Everyday we have to purchase a lot of products, foods or takes services from street
vendors. But we only have a little knowledge about their background, lifestyle and
day to day business activities. To gather information about street vendors I visited
Gazipur City and talked with three street vendors. The rest of the report explores my
gathering information about them in detail.
1.1 Objectives of the study

 To know about street vendors background
 To know the day to day activities
 To find out the challenges faced by the street vendors while operating the
business
 To provide recommendations for the betterment of the street vendors
 To improve our communication and writing skill
1.2 Location of the study

The research took place at Joydebpur in Gazipur City. Joydebpur is the core center
of this district. Lots of street vendors of different categories operate their business in
this area. Among them I have met three street vendors operating different business
in Joydebpur bus-stand bazaar road area .
1.3 Need for the study

Street vendors are an integral part in our economy. They contribute a lot to the
economic growth of our country. They make our day to day life easier but their
actual condition is not up to the mark in Bangladesh. Usually their financial
condition is not strong. Moreover, most of the time they suffer for security,
sustainability and friendly business policy. So we need to know about their
background , lifestyle, financial condition, business problems thoroughly and take
necessary steps to support them to overcome those barriers . In this regard, research
is needed to be performed in regular basis.
1.4 Methodology
To gather information about street vendors I have reached three street vendors. At
first I tried to find street vendor who was not busy in his activities. I went to his
location and purchased a product. In the meantime I started oral conversation with
him regarding the entrepreneur’s name, age, family, present address, home address,
product line, challenges he faces to operate the business and the solutions he makes.
In took notes of all the information that I got from them.
1.5 Limitations of the study

 Lack of experience to build a proper communication
 Some street vendors expressed their unwillingness to take photo of them
 Some totally denied to give any kind of information
 Sometimes they did not want to tell about the problem they face
2 Street Vendors’ Profile
This part portrays three street vendors’ background, their nature of
business, the challenges they face and the solutions to the challenges.
2.1 Street vendor’s Profile 1
Image 1: Md. Sujon (Right Side)

Source: Own Photography
Table No 1
Heading Description
Name
Age
Marital Status
Present Address
Permanent Address
Number of Children
Business Nature
Challenges of Business
Solution to Challenges
2.2 Street Vendor’s profile 2
Image 2: Abdul Mannan

Table No 2
Heading Description
Name
Age
Marital Status
Present Address
Permanent Address
Number of Children
Business Nature
2.3 Street Vendors Profile 3
Image 3:Md. Sohel Mia

Table No 3
Heading Description
Name
Age
Marital Status
Present Address
Permanent Address
Number of Children
Business Nature

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Report

“STREET VENDORS: THEIR BUSINESS

Date of Submission: February 7, 2019

Md. Saimum Hossain

Ashraful Islam Showrov

1.1 Objectives of the study

1.2 Location of the study

1.3 Need for the study

1.5 Limitations of the study

2.1 Street vendor’s Profile 1

Image 1: Md. Sujon (Right Side)

Image 2: Abdul Mannan

Image 3:Md. Sohel Mia

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