• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24

The business that I have decided to set up is a chip shop. There is no food places in Hamiltonsbawn so I think my business would be appreciated. Thing needed from the business:SurviveIncrease turnover

Extracts from this document...


By Mark Hutton INVESTIGATE AND EVALUATE THE POSSIBILITY OF SETTING UP A BUSINESS OF MY OWN CHOICE IN MY LOCAL AREA. Computer Store Computer Programmer Website Designer Music Shop Chip Shop Car wash Electrician Plumber Joiner Phone shop Sports shop Estate agent Shop/Service Station The business that I have decided to set up is a chip shop. There is no food places in Hamiltonsbawn so I think my business would be appreciated. Thing needed from the business: Survive Increase turnover Grow Make a profit Gain a good reputation Break Even * Firstly I must choose and identify my business. I must identify what type of business mine will be. Then I will have to do research and find out if my business will be successful; I will do this by primary investigation information. * Secondary sources will be a way of finding out my competitors, including the yellow pages, the phone book and the internet. * When my surveys are completed I will evaluate the results and find out what the local people want from my business. * I must find out the type of business I want mine to be e.g. ...read more.


Forming a limited company is a long legal procedure and the company must be registered with the registrar of companies. The following documents have to be completed before trading may begin: Memorandum of association Articles of association Certificate of incorporation Prospectus Trading certificate There are two forms of a limited company, these are private and public companies. As I have listed several types of business I have decided to go with sole trading business as I think it would be appropriate for me as it is simple to set up, I am my own boss and make the decisions myself Market research is the collection of information from consumers and people who may become consumers, finding out whether they like or will buy the businesses products. A lot of businesses spend a lot of time and money on market research the information ensures that consumers will be likely to buy the product. It also enables them to price the product at an acceptable level for consumers. The two different methods of research are primary and secondary research. Primary research is the collection of original information and is carried out by making direct contact with consumers and members of the public. ...read more.


Rota will be: DAY 5PM - 11PM Sunday Myself & Family The student's wages will start at �3 depending on their age. As my family and friends are willing to help me voluntarily for 6 months to get on my feet, but after this they will either be paid are they will leave. Q1. How many people in your household? Q2. If a chip shop opened in Hamiltonsbawn would you make use of it? Q3. How many times a week would you use the chip shop? Q4. Which days would you like it to be open? Q5. How much would you be willing to pay for fish and chips? Q6. Would you buy pizza or pizza subs if I started doing them? Q7. Would you be interested in these if I started to do them? Q8. If I started a phone ordering and delivery service would you benefit from this; Start a business programme Start up programmes Information and practical support Trade links Local start Essential business kit Micro trades Global start One to one advice Enterprise loan Fund Community start Interactive website Access points Female entrepreneurship Business premises Rural entrepreneurship Business administration services Young entrepreneurship Conference and meeting facilities Property information signposting Information centre ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. Marked by a teacher

    Unit 4 Business Studies

    4 star(s)

    The use of the Autotrader website is that it helps people search cars that they like and may be thinking of purchasing; also it gives clear descriptions of the cars and it even gives people pictures of the state in which the cars are in.


    The reason why we need to communicate with people with the above methods is because to protect our self - esteem. In case of any pressure for example. Communication is also a business and occurs in formal and informal. Types of communication: There is internal and external communication that tends to happen in business communication.

  1. For my business report I am investigating the Co-op erative society supermarket.

    Restated 1999 Restated 2000 Restated 2001 Restated 2002 2003 £m £m £m £m £m Gross income - Food retail 1,590.2 2,447.6 2,624.2 2,851.5 3,468.1 - Specialist retail 504.4 615.8 656.1 782.7 860.6 - Property, production and other trading 424.1 450.5 498.8 511.2 513.7 - Federal services 1,451.0 1,786.1 1,926.2 2,084.3


    Many businesses pursue growth as their main objective. Business people argue that the firm must grow in order to survive; failure to grow might result in a loss of competitiveness. In the U.K. retail Marks and Spencer have 303 stores at the end of March 2001. This also includes three outlet stores, which opened during the year.

  1. The business I am going to set up is a snooker club,

    * Primary data is expensive to gather and it is time consuming. External data - This is when the information is gathered outside the business. There are many sources, but they vary according to what you are researching. This data has not been gathered for any specific purpose, so it is very general.

  2. In this assignment I am going to produce a detailed business report on a ...

    I can say that Tesco 's finance department have a similar sort of system, which looks at the future finance events. They * Production - it is the economy activities needed to manufacture or create products (goods and services) with exchange value, i.e.

  1. The law relating to organ transplantation

    preclude a need for this organs market, whether effective and monopsonistic or otherwise. Instead of constraining choice, a presumed consent system would enforce autonomy, which is the same reason why the organs market is suggested - it provides choice while solving the problem of scarcity, but as I have shown, so does the presumed consent system.

  2. E-commerce in Business Companies of Bangladesh.

    Communication between the buyers and sellers has become critical as each can opt to explore a greater number of alternatives than ever before. E-commerce through Internet, e-mails, websites, and other facilities, enables a businessman to be linked with every corner of the world, and thus opens up greater opportunities in the world market.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work