What is your business model in order to start business

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A New 80-room hotel will open on November 2022 along Jupiter St, in between "pardon my French bar" and KFC. The hotel will be called Bel-Ami, since the location is in Bel-Air, Makati. On the ground floor will be the reception area where guest will register to check in. About 7 meters from the reception area, on the same floor is a space for a "Starbucks style coffee shop to serve coffee and pastries. The area is 40 square meters and the rent is P1,800 per square meter (2 months advance + 3 months) deposit) plus 12% of gross sales. The owner, Mr. David Chua is offering you the space to put up a coffee shop since he fancies the smell of brewed coffee flowing into the reception area.

1. What is a blue ocean strategy that you can implement for this business to be a success?

2. What is your business model in order to start this business.

Reference no: EM133278877

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