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 humans that initiate activities to start and manage a new
business with aim to generate huge benefits in terms of profits and
efficiency. Entrepreneurial opportunities are mentioned as circumstances
that assist people to analyse situations and manufacture products for
satisfying market needs.

Presentation of data for supporting gap analysis
in evaluating particular entrepreneurial idea.
Gap analysis is said to the procedure that helps in comparing current
performance to that of desired one. With this method, differences in
performances are defined and aspects are analysed related to whether
requirements of business are met or not. When entrepreneurs analyses that the
requirements are not met then they plans further steps to net then successfully.