Entrepreneurial Opportunity: Description and Application of Domains

Entrepreneurial Opportunity

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Description of business start up...................................................................................................3
Application of the domains to the business start – up.................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................1

INTRODUCTION
Entrepreneur is an individual who helps in creating new business by bearing the risks and
rewards (Bancilhon and et.al., 2019). Trouva is the online entrepreneurial business which
specialises in selling the products and services to the customers at large scale. This
entrepreneurial business is a small business started in London.
The report will analyse description of the business start-up. Further, application of the
domains to the business start – up will also be explained in detail.
MAIN BODY
Description of business start up
The Trouva is an entrepreneurial business which provides the customers with products and
services at large scale within the market. Trouva is a London based marketplace which is online
and sells unique products and hard to find pieces which focuses on homeware and hard to find
products and services. It provides the customers lifestyle products and services to fulfil their
needs and demands. The company sells over 2,00,000 products to more than 800 boutiques via
online platforms. Trouva works with independent retailers and helps the business to grow
effectively and in appropriate manner at large scale (Fourati and et.al., 2018). Trouva is the
business which brings the customers and the retailers who are independent together in the
marketplace. It is the start up business which is award winner which helps in disrupting the retail
space at large scale as to how effectively and in appropriate manner the changes are being taken
place within the business. The Trouva business helps in offering unique products and services to
the customers at large scale within the market place. With the help of this, there are certain
aspects as to how the start-up business is offering the most helpful products and services to the
customers.
Application of the domains to the business start – up
There are seven domains which are being addressed in respect to the entrepreneurial
business start-up. The domains are described as –
1. Market attractiveness and micro level – The segment of the market which is likely to
benefit from Trouva is demographic market. Trouva is different from other businesses in the
same segment as the business provides the products having unique qualities in the products of