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. I need to be aware of the size of my target audience to see if it is even worth setting up my business idea. I will have to thoroughly research and find the evidence needed to prove to see if I can make my business as successful as possible otherwise all the time and effort will got to waste setting up a shop in Wilmslow with no scope and it will just get me into further and further debt and will waste a lot of time and money.