What business do you think will be successful in your area? And why?

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What business do you think will be successful in your area? And why?

Introduction

Enfield Island Village is one of the biggest estates in London. The estate was recently established in Enfield Lock. The land where Enfield Island Village lies used to be a small arms factory but was bought by a building firm called Fairview who have built a wide range of accommodation from one bedroom apartments to five bedroom houses.

From observation I have identified that Enfield Island Village would benefit form a youth community center because there are a large amount of youths in the area. A youth club will keep children occupied, especially during the late hours when youths tend to roam the streets. Also I think that a youth club will offer the young community a chance to interact with one another and meet new people.

The shops included in my area are; Londis, Chip shop, video shop, beauty salon, Chinese restaurant, gym, Garnells (café), computer shop, doctor and dental surgery and numerous services.

Before coming to the decision to set up a youth community center I had three open choices of business which I thought would be successful in my area they were:

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Chemist-My original idea was to set up a chemist but after I looked in my area I realised that there were already two prescription pharmacists in the local area.

Corner Shop-I then came up with a second idea which was to open a corner shop like the 7 Eleven’s in America, but all the stores in this country have been taken over by Budgens who renamed them Bls. Also in the categories in shop market were too large for me to specify. For example it could have been a newsagents, off licence, connivance store, or even a groceries ...

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