Entrep
Entrep
Entrep
1. The Entrepreneurial Oppòrtunity that i have spotted was the Retail Rice Shop Owner. Some are
still buying in plastics, i wanted to supplies in sacks and cavans.
A.Corn
B.Grain
C.Coal
A. EDUCATION INSTITUTION
C. RELIGION INSTITUTIONS
3. WHAT ARE THE NEEDS AND WANTS IN THE CONSUMER COMMUNITY THAT IS NOT MET
1. TYPES OF BUSINESS:
BANKS (5)
RESTAURANTS (18)
SALON(4)
2.
A. RETAILERS
B. MANUFACTURERS
C.WHOLESALERS
-GROCERY (6)
D. AGRICULTURAL/FORESTRY/FISHERIES
E. SERVICES
SALON(4)
GROCERY
MEAT SHOPS
(FEW)
FISH SHOPS
SALON
THE LOCAL MARKET ARE THE FISH SHOPS AND THIS HAVE HUGE SALES BECAUSE OF LOW COMPETITORS.
ACTIVITY 2:
NAME OF COMPETITOR:
ZARA
BERSHKA
F21
CLOTHES
CLOTHES
CLOTHES
PRICES:
HIGH
HIGH
HIGH
QUALITY:
GOOD
GOOD
GOOD
MALL/BOUTIQUES
MALL/BOUTIQUES
MALL/BOUTIQUES
MY COMPETITORS MAJOR STRENGTHS ARE THEY ARE FAMOUS FOR TRENDY CLOTHES
GIVING THIS INFORMATION I CAN IMPROVE MY CHOSEN BUSINESS VENTURE IN THE FOLLOWING WAYS:
I WILL NOT SELL IN CREDIT BECAUSE IT CAN CAUSE UNPAID PRODUCTS AND LONG DUE DATES.
PLACE: I WILL SELL IT IN BOUTIQUES, I WILL SELL IT IN RETAIL TO HAVE MY CUSTOMERS CHOOSE
DIFFERENT KINDS AND STYLES.
PROMOTION: I WILL POST IN SOCIAL MEDIA ACCOUNTS AND I WILL PROVIDE POSTERS IN SOME HOME
BASED BUSINESSES
CAPITAL:20000