Is there scope for a new business.

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Is there scope for a new business

scope for a new business in Extended Title: "research existing bsns in your local area and produce questionnaires to be distributed. Use this information to produce bsn plans for your own imaginary bsn"

This project requires me to produce a imaginary business. To do this I must research into all aspects of a business, using books, people, and computer resources. To help me do this I will create action plans, that I will evaluate and redesign as I proceed during the project. The reason for the action plan is to help keep track and organise what I am doing, it also shows points that I must cover for my business to be successful. In this project there are certain parts of the project that can be decided before I created a action plan these are:

What will I sell- I will sell electrical goods like televisions, videos, and hi-fis

My shop name- I will call my shop "Kes" (Kapur's electrical shop).

From what I already know I have decided to make my business a sole trader operation as these are the easiest to set up. Also in a