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Report on Entrepreneurial Opportunity

   

Added on  2020-06-03

10 Pages3307 Words48 Views
Entrepreneurial Opportunity

Table of ContentsINTRODUCTION...........................................................................................................................3ENTREPRENEURIAL THEMES...................................................................................................5Business Idea Development.............................................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONEntrepreneur opportunities provide the chance to individuals to be self-dependent andcreate value for the development of economy of country. There are large number of opportunitiesavailable for the individuals of UK to start their own business. Large support is provided by thegovernment and their policies to motivate young generation. There are many difficulties facedinitially in starting their own venture but it helps to generate high profits by taking some amountof risk. To start their own venture, students are required to have some amount of entrepreneurialskills which help to generate their own ideas and understand about the market forces which haveeffect on business activities. These skills are essential to be in an entrepreneur to successfullystart their new venture. In starting their own business, two things are involved i.e. recognition ofopportunity and converting idea in a successful business venture. It is necessary to understandabout the value proposition of such venture which is going to be delivered by their businessoperations (Alvarez and Barney, 2010).The business idea which is going to start is “Restaurant business with digital technologyand gaming zone”. Main aim behind the business is to provide touch facilities on tables to selecttheir menu and order their food. They also provide separate gaming zone in restaurant whichattracts a large number of young generation people. Implementation of censor touch facility insection of their menu is decided because of the high impact of digital technology in creatingvalue of business operations.Uniqueness of this business idea is that it will have combination of digital technology inselection of their orders and separate gaming zone in which a large number of games are offeredlike bowling, play stations, etc. In the modern era of technology, individuals want everything tobe covered at one place and they don't have to go at any other place. This venture provides everyfacility to their customer under one roof which helps to attract a large number of children andyoung generation persons.

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