• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

bnusiness studies scope on skateboarding business

Extracts from this document...

Introduction

Business Studies Coursework In my coursework I have an idea to build a skateboard hardware and clothing store. In the course I need to work to resolve my business problem which is "Is there scope for a skateboarding hardware and clothing store in the Wilmslow area" At the moment I do no have the information or evidence to prove that there truly is a space in the market for my store. I will need to find out if there is a need for my business? Maybe there is an entrepreneur who wants to invest into my idea but I would prefer to be my own boss in my business idea. ...read more.

Middle

Business affairs can be kept private. It will be a small business so less capital is required and I can make quick decisions because so few people are involved and also the business will get a lot more personal attention. The problems with becoming a sole trader is that finance may become to difficult to raise and my prices will be higher then vast organisations. I will have Unlimited liability and so if the shop goes into debt or anything happens I personally will have to pay for it. If I become ill or if I am on holiday I may be forced to close the business till my return. ...read more.

Conclusion

These skateboarders and teenagers will be my target market dominantly male between the ages of 13-19. I will target this market by handing out leaflets at local skate parks and advertising in the local papers. As I said previously I believe the shop space at the bottom of the Grove Street in the centre of Wilmslow I will place my shop where Sanity once was and so it is easy to see and easy to get to. My shop will be rivalling shops in Manchester and Stockport for example Projekts, Exit and Note. These are all highly publicised and extremely good but they are a bit of a drive or train journey from Wilmslow, Alderly and Handforth and so I believe I have an advantage over them for local market. Alex o'b ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Case Studies 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 GCSE Case Studies essays

  1. unit 8 business online p1

    To minimise customer errors order forms should be designed to be foolproof. The website also should be made to prevent any obvious mistakes by the customers such as submitting the same order form twice. Most websites are designed in such way that key information in an order form has to be entered before the form is accepted.

  2. Business studies Coursework - Study of a small established local business

    This also tells me that they have obviously made a very good decision by locating the store where it is, and it gives me an insight into who their target audience may be.

  1. Business Enterprise coursework

    school children in Ilford. A random sample of clusters is taken, and then all units within the cluster are examined. Convenience Sampling Uses people who are willing to volunteer. Judgement Sampling A deliberate choice of a sample - the opposite of random. Quota Sampling Aim is to obtain a sample that is "representative" of

  2. Would the opening of a fast food restaurant on Riddy lane (Luton) represent a ...

    This could help decide on what time a new fast food restaurant need more employees because if the target market are aged above 45 this would mean that most people travelling from and to work around 5pm , so a new fast food business would mostly be busy in the evening which could indicate it to higher more stuff.

  1. Strengths & weaknesses of a business idea. Research for a new electronics shop.

    Another reason why I want to set up an electronic store is because I have worked in HMV before as a previous job and I thoroughly enjoyed working in that store so this is a main reason why I want to start up an electronic store.

  2. This GCSE coursework is about setting up a free-range egg unit in the Retford ...

    I will use a semi-structured interview technique. This will let me ask pre-determined questions to gather information I need at the same time it will allow me to ask follow up questions in response to the answers given. I plan to ask questions about how the business was set up, stocking rates and setup costs etc.

  1. Unit 1 investigating business

    Meeting aims and objective at McDonalds. McDonalds aim is to become the worlds best fast food service restaurant. This means running and opening more restaurants and providing exceptional quality, cleanliness and value so it will make every customer happy. McDonald's objective is to increase income buy 10% in the next 2 month, to do this they

  2. This marketing report is going to look at the internal and external analysis of ...

    very sound financial position and would be able to meet all its financial obligations. (fig 4) Source: Fame Significant Developments Entry into new market Mark Warner had brochure outside Europe for the first time featuring two resorts in Canada, including the option of heliskiing at Ravelstoke in the Canadian Rockies in October 2007.

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