Identifying Entrepreneurial Opportunities

Identifying
entrepreneurial
opportunities

INTRODUCTION
• Entrepreneurs considered as an individual who develop a new business and
bearing most of the risks along with enjoy their rewards and benefits every time.
• Entrepreneurs plays significant role within the economy through using different
types of skills and bring new ideas to the marketplace.

Market gap for entrepreneurial idea
• For establishing or launching any new business into the market, this type idea
commonly comes from the entrepreneurial mind set by which they can achieve
desired goals.
• In this report Coffee Break Cafe is going to be establish by having large number
of effective quality of food and coffee items with innovative thoughts.

Porter's Five Forces Model
• Threat of substitute products – There is a threat that other cafes in the area can
also come up with a similar idea of offering their customers similar coffee drinks
at comparatively lower prices as well as with some innovation.
• • Bargaining power of suppliers – The bargaining power of suppliers will
be high as there are several suppliers who supply organic coffee to different cafe.
Thus, thuiis force is strong as they will bargain about prices.