Examine the customers demands

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Reference no: EM132647296

You are a Business Entrepreneur and you are hired by a team of foreign investors who wish to launch a new Business in your hometown. As an entrepreneur you are assigned to make a market research and examine the customers' demands.

Your goal is to convince them proceed to the creation of the new Business in your town. You must prepare a paper of 2500 words.

Report:

1) Decide what kind of Business can be launched in your hometown and provide a short description. When it comes to starting a business, there are a lot of factors that are expected to take into consideration before going ahead to invest in any business. Among the factors that need to be considered is the size / population of the city town you intend to launch the business, the target market, the level of competition you are going to face and the availability of the market demand for your services or product.

2) Visit the marketplace of your town and conduct a short research gathering data from 5-10 customers randomly (pilot Research). Prepare a questionnaire of 8-10 close-ended questions. The research will help you decide what kind of business you are going to propose to the investors.

Make sure you include the questionnaire as appendix. Do not forget to use APA Referencing Style

Reference no: EM132647296

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