Applying a Qualitative Analysis to a Current Business Concept

Applying a qualitative analysis to a current business concept

Table of Contents
Introduction......................................................................................................................................3
Rational of choice of qualitative interview..................................................................................3
Data analysis:...............................................................................................................................3
Findings........................................................................................................................................4
Reflection.....................................................................................................................................4
References......................................................................................................................................10

Introduction
Entrepreneurship is a crucial activity that is related to start and run a new business
venture successfully. In other words, entrepreneurship is an activity to develop, organize and run
a new business enterprise so that adequate amount of profit can be attained. This activity is
performed by entrepreneurs who have the ability to create, organize and run a new business
venture. In this situation, the main aim of entrepreneurs is to earn higher amount of profit. To
become a successful entrepreneur is not an easy practice. There are certain ancient challenges
associated with entrepreneurial practices (Zucchella and Magnani, 2016). The present study is
based on the challenges related to work experience that is often faced by an entrepreneur.
Without having any sort of prior experience, it become quite difficult for an entrepreneur to start
as well as run a business venture successfully. In this regard, an interview will be conducted to
gather necessary information from the entrepreneurs. The selection of the interview question will
be based on most significant issues associated with the entrepreneurial practices. In addition, the
study will cover analysis along with necessary findings of the report. At end, a reflection on the
process of interview and analysis will also include in the following report.
Rational of choice of qualitative interview
The main rational to select qualitative interview is its ability to provide detailed information
on a specific topic. Qualitative method is important in terms of gathering detailed and in-depth
information (Mukherjee, 2019). In present scenario, an interview will be conducted to collect
significant data to make meaningful inferences in the future period of time. Through the
interview, it is possible to get appropriate information from the entrepreneurs. Here, the
interview questions are given below:
 Do you have any prior experience to handle a business or corporation?
 What are the challenges you are facing in running the new business venture successfully?
Data analysis:
It is analyzed that entrepreneurship is an important activity to develop, organize and
manage a new business. While starting or running a new business venture ample of issues are
faced by the entrepreneurs. The main aim of entrepreneurial practice is to earn significant