Identify a local need, for a new small business; and prepare a feasibility study.

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John Halliwell 11T                Business studies Coursework

Business Studies Coursework

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John Halliwell 11T


Terms of Reference

Primary Objective:

  To identify a local need, for a new small business; and prepare a feasibility study. In order to achieve this objective, the following secondary objectives should also be achieved.

Secondary Objectives:

  • Identify a worthwhile business opportunity
  • Identify potential customers
  • Research pricing and marketing strategies
  • The start- up and operating costs of the business
  • The financial aspects (e.g. a cash flow forecast and a break even chart for the first year, etc.)
  • Whether or not to proceed, making justified recommendations.

With these completed, the primary objective also should be attained.


This is a short questionnaire, asking if you feel there is any need for a business in your local area.

Arcade

Cinema

Electronics Store

Join now!

Good Quality Clothes Shop

Motorcar Repair Garage

Music Shop of All Categories

High Quality Shoe Shop

Hardware Store

Estate Agents

Book Shop

(This is a copy of the questionnaire I asked)


The results of the questionnaire are shown in the table below.

The evidence in the above graph suggests that the people in the area of Gravesend would like to see a new music shop. The next questionnaire that I shall ask is shown below.


Questionnaire

  1. Are ...

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