Question
In: Finance
Develop and formulate an idea for a business that you plan to start eg restaurant, trucking...
Develop and formulate an idea for a business that you plan to
start eg restaurant, trucking company, landscape, etc.
Solutions
Expert Solution
I plan to start business related to the restaurant and I would be looking for gathering information related to the products I will be catering , & the potential group of customers I would be targeting to.
This will include planning of the business, and this will also include gathering information about the business environment and the potential rules and regulation along with the potential cost I am going to income on this business .this will also involve adaptation to the digital technology and online delivery of products.
I will also be trying to proactively know about the capital structure of the company and the management of the company as well as the types of the company whether to be a sole proprietorship it will be a private company.
I will also be looking for an expectation of Margin on this product, and the recovery of the fixed cost, and the break-even year so that I will be proactively managing this business and any failure on the part of achievement could be properly analysed.
jeff jeffy answered 1 year agoRelated Solutions
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New Business Plan – A Case Part-I Mr. Ahamed discovered an idea to start a new...
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Oman after completion of his Business Graduation from Yale
University. He wishes to study the entire economy of Oman for
implementing his project in time and with proper execution. He
collected data and found the following information i.e., the major
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refinery, Natural Gas, Fishing, Minerals, Metals, Cement,
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