Identifying Entrepreneurial Opportunities

TASK 3
Identifying Entrepreneurial
Opportunities

Table of content
 Introduction
 Presentation of data for supporting gap analysis in evaluating particular
entrepreneurial idea.
 Interpretation of data in appropriate manner for providing evidence of market
potentials
 Conclusion
 References.

Introduction
Entrepreneurs are the people who have wide potentials
for launching and managing an enterprise for
making profits. In present era, wide opportunities
are available with entrepreneurs in which they
properly analyses pertaining situations so to offer
some unique and distinct thing in market.

Presentation of data which is required for supporting
gap analysis for evaluation of specific
entrepreneurial idea.
Market gap analysis: It is an effective tool that involves process for comparing
existing performances with that of desired performances. Using this method, all
the variation in performances are analysed and various aspects are analysed
regarding the requirements of business are achieved or not. After analysing
market gap, entrepreneurs identify opportunities that can help them to fulfil the
gap through introducing something new.

Presentation of data which is required for supporting
gap analysis for evaluation of specific
entrepreneurial idea.
Market gap analysis: It is an effective tool that involves process for comparing
existing performances with that of desired performances. Using this method, all
the variation in performances are analysed and various aspects are analysed
regarding the requirements of business are achieved or not. After analysing
market gap, entrepreneurs identify opportunities that can help them to fulfil the
gap through introducing something new.