Enrique Portilla
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“Choice of Business”
-Objectives: My objective is to spot a business opportunity in Colwyn Bay in which I could establish an Internet Café because it would be a good idea to open one, since there is lack of competition.
-Methodology:
- We visited Chester to spot businesses that might be a good scheme that would work in Colwyn Bay and also we checked which shops attracted more people. We stood outside of a shop and counted how many people went in and out of the shop.
- From my research done in Chapter 1, one of the best opportunities was a music store, but also other kind of shops like Cafes. We also went to Colwyn Bay town and we studied the business potential (age, sex, and footfall).
- I need to think about the local factors that will help my business, such as:
- There is a large number of shoppers around Colwyn Bay.
- As well as local factors, there are also national factors that also need to be thought about. Some of them imply success; nations now drink more coffee than ever and some need internet more than ever.