New Business Idea for Boat Chain Restaurant

Running head: REPORT 0
THINK BIG
MAY 4, 2019
STUDENT DETAILS:

REPORT 1
Contents
Introduction................................................................................................................................2
Customer or market Problem.....................................................................................................2
The new and innovative business idea.......................................................................................3
Benefits from new business idea................................................................................................4
Different and amazing experience.............................................................................................4
Increase profit.............................................................................................................................4
Opportunities related to business...............................................................................................5
Risks...........................................................................................................................................5
Feasibility...................................................................................................................................5
Organizational structure.........................................................................................................5
Finance sources......................................................................................................................6
Projected revenue...................................................................................................................6
Business Model..........................................................................................................................7
Critical attainment elements.......................................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................9
Appendix..................................................................................................................................11

REPORT 2
Introduction
This report states new business using the 9 components business model canvas along
with value proposition canvas for determination of complex components of success together
with competency model’s viability in Boat Chain Restaurant. In the following parts, the
opportunities of new marketplace will be assessed (Johnson, Christensen & Kagermann,
2008). This report proposes the idea not for the solution of particular issue, but for the
establishment of connections with customer in various manners for the innovative idea for
new business. This report also involves the explanation of the innovative idea to start new
business and the reasons for the selection of this new business idea. In this report, the
business model will be discussed.
Customer or market Problem
In Australia, tourism industry is leading and big industry. There are huge contribution
of this tourism sector in the economy of nation. At the time of discovering Australia, the
tourist search various things such as best food, grand beaches and deserts. It can see that there
are wonderful beaches and the seaside life in Australia. This is very essential for the tourism
industry to give additional services as well as advanced service to tourists of nation as
numerous tourists comes for holidays in Australia in a year. It is found that the travelers
search the calm and soothing atmosphere there. These are the factors, which attract them to
the seashore and nation. It can be beneficial and significant for the tourism industry to bring
together the tasty food and peaceful environment near beach to render the best and innovative
experiences to the tourists so that they can remember this country (Gibler, Manuel Casado-
Díaz, Angeles Casado-Díaz, Rodríguez &Taltavull, 2009).
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REPORT 3
New and innovative business idea
The enticing people are the simplest manner to attain consideration of different
tourists towards the royal culture or legacy and calm environment of Australia. An innovative
business idea for the task is a connection of the outstanding thoughts, the seaside sight and
wonderful peaceful beaches along with an experiences of enjoying multi-cuisine restaurant. A
concept of seaside sight and wonderful peaceful beaches together with an experiences of
multi-cuisine food is notified to Boat Chain Restaurants in which various amenities would be
rendered to the travelers.
In this way, the tourists will be able to sit in these restaurants and enjoy the boat ride.
They will also enjoy the amazing foodstuff at a similar period. This will be deliberated by
way of a multi-cuisine restaurant where pantry will be needed that will be away from the
seashore. Other amenities will also be available for the tourists, such as the tourists can give
orders at the stalls placed near the beach. They can also attain the amenities of the
combination of an innovative concept in the respective boat. There will be the amenity to
give the orders by phone that may connect to the counters at the seashore. Therefore, there
will be a place of two to three tables and eight to nine chairs in each boat. The proper name
for this creative concept will be “Food & view”. Though, the list of options will be restricted
about the creative thought. This is necessary for a businesses to provide specific
consideration to the cleanliness in the restaurants. It is also required to make sure that
wastage will not be disposed within or near the beaches. The major purpose of this creative
business concept is to receive a consideration of various people to the tasty food and sight of
beaches to give contribution in economy of nation. This will increase the opportunities
related to business for expanding the business in different locations as well and increase the
revenue of the new business (Johnson, Christensen, & Kagermann, 2008).