Business Plan for Indian Dance Academy in Auckland, New Zealand

Verified

Added on  2023/06/15

|34
|8819
|367
Report
AI Summary
This report outlines a business plan for establishing Indian classical dance classes in Auckland, New Zealand, targeting the growing Indian community. It includes a literature review evaluating the business idea, the classical dance industry, and the target audience. The methodology focuses on secondary data analysis to assess the demand and feasibility of setting up an Indian dance academy. The report explores the business environment in New Zealand, the cultural significance for immigrants, and the potential for expansion to other locations, aiming to create a learning environment connecting various dance forms with specific population segments. The analysis covers market trends, government support for entrepreneurship, and technological advancements to promote the business through websites and apps. Ethical considerations and limitations are also addressed, paving the way for future research and implementation.
Document Page
Business of Indian Dance classes in
Auckland, New Zealand
Student Name: Student ID:
Unit Name: Unit ID
Date Due: Professor Name:
Page | 1
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Executive Summary
Indian community is booming across Auckland, New Zealand. Several data sources have
revealed high demand for learning various Indian classical dance forms. The scope of the current
business idea focuses on exploring opportunities to set up Indian dance classes in Auckland,
New Zealand. The study will collect secondary data and then conduct analysis pertaining to the
same to arrive at findings related to the study. In the end conclusion will be drawn to understand
derivation from the study.
Page | 2
Document Page
Table of Contents
Executive Summary.........................................................................................................................2
1.0 Chapter: Introduction.................................................................................................................4
1.1 Background of the Study........................................................................................................4
2.0 Research Objectives...................................................................................................................5
3.0 Research Questions....................................................................................................................5
4.0 Chapter: Literature Review........................................................................................................6
4.1 Chapter Introduction..............................................................................................................6
4.2 Business Idea Evaluation.......................................................................................................6
4.3 Classical Dance Industry Evaluation...................................................................................10
4.4 Evaluating Target Audience.................................................................................................12
4.5 Literature Gap......................................................................................................................15
4.6 Chapter Conclusion..............................................................................................................15
5.0 Chapter: Methodology, Secondary Data option......................................................................16
5.1 Chapter Introduction............................................................................................................16
5.2 Research Methods................................................................................................................16
5.3 Ethical Consideration and Limitation..................................................................................20
5.4 Chapter Conclusion..............................................................................................................20
6.0 Chapter: Data Results and analysis: Secondary Data option...................................................21
6.1 Chapter Introduction............................................................................................................21
6.2 Results and Analysis............................................................................................................21
6.3 Chapter Conclusion..............................................................................................................28
7.0 Implication of the Research.....................................................................................................28
8.0 Reference Lists........................................................................................................................29
Page | 3
Document Page
1.0 Chapter: Introduction
Business opportunities in Auckland, New Zealand is thriving especially with multiple
communities immigrants settling in the region (Ashley 2011). Indian communities are the second
largest population in the country along with Chinese. With increasing number of Indian
immigrants, there is a growing need to maintain their cultural identities. The scope of this current
study deals with business plan in regards to Indian Classical Dance Class. The business will offer
varied types of dance classes in the country with various training modules. This current section
analyses literature section analysis, methodology and analytical used for the study (Drummond
2012). In the end a conclusion is drawn for the study.
1.1 Background of the Study
Increasing number of Indian immigrants is New Zealand have created business
opportunity for Indian Classical Dance classes. This business will explore scopes pertaining to
establishment of Indian Dance classes in Auckland, New Zealand. Such dance classes can get
high recognition and generate demand in Auckland area due to increasing number of Indian
populations (Ashley 2014). The study aims at investigating varied types of population within the
area and nearby for analysing nature of demand that will be experienced. The focus of the
institute will be to revolutionize ways in which Indian classical dances are offered to students
and candidates. Traditionally leaner’s used to learn various dance moves from YouTube videos
but the current dance school will appoint best of teachers with expertise in the subject to expand
their skills (Husain 2012). Thus, there will be exploration regarding demands pertaining to
particular dance forms and then connecting them to particular segment of the population.
Page | 4
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
2.0 Research Objectives
In order to attain aims of the study the following research objectives has to be met.
o Research Objective 1: To create an ambience of learning of Indian Classical dances
o Research Objective 2: To establish a connect between several dance forms with that of
population segment
o Research Objective 3: To develop the dance academy at several other places in New
Zealand
3.0 Research Questions
In order to achieve the above research objective, the following research question needs to be attained.
o Research Question 1: What steps needs to be accommodated for developing an Indian
Classical dance academy?
o Research Question 2: What are the separate dance forms that Indian community in
Auckland wants to study?
o Research Question 3: What are the other places apart from Auckland where dance
academy can be established?
Page | 5
Document Page
4.0 Chapter: Literature Review
4.1 Chapter Introduction
In order to conduct any study in depth a literature review of various sources needs to be
conducted. For this study, there have been multiple types of books and journals involved that has
guided conduct of the study. There are three areas in which the scope of the current literature
review will be based, in evaluating the scope of the business, in analysing the industry concept
and finally towards analysis of target audience. There will be various journals and articles taken
from each areas to gain further deeper understanding related to the topic.
4.2 Business Idea Evaluation
Business environment in New Zealand is not extremely competitive in nature. With
gradually growing population and increasing propensity to consume, there has been a steady rise
in direct consumer oriented businesses. Majority of business set up in New Zealand especially
Auckland requires minimum amount of compliance requirements. Businesses has to obtain trade
license for conducting their businesses and other compliance factors as might be deemed
necessary. For manufacturing and production oriented businesses a pollution certificate needs to
be obtained. Chambers of Commerce in New Zealand is very cooperative and supports any type
of business setting up in the country. There are other minute requirements to establish business in
the area as to obtain certificate of no objection from landlord and other necessary certificates.
But these are very minute in nature and does not impose any sort of challenges in establishing
businesses within the country. There are special team for business development in the area aimed
at helping entrepreneurs in establishing and running their businesses.
Page | 6
Document Page
Figure 1: NZ Population Growth
Source: (Onselen Retrieved on 15th March 2018)
The Government in New Zealand undertakes various initiatives for development of
entrepreneurship endeavors within the country. There is a great deal of rise of social as well as
business entrepreneurship in the country. Bacq & Janssen (2011) in their article examines the
various social entrepreneurship initiatives that are currently being undertaken in the country
(Bacq 2011). Along with initiatives in the field of entrepreneurship, there are various funding
Page | 7
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
arrangements provided for companies such that they can establish and expand their businesses.
Along with conducive business environment, there are various impetus of growth provided in the
country. There is minimum amount of political interference in business set-up within the
country. With almost nil bureaucratic interference and government providing a positive support
to businesses, they are currently flourishing in the country. The political environment within the
country is highly stable, making it more conducive for business. However, major concentration
of business in New Zealand area is on rural businesses and not on urban based business.
Agricultural and farming based businesses are booming in NZ area as contrasted to other type of
businesses.
Figure 2: Net Migration in NZ
Source: (Polkinghorne Retrieved on 15th March 2018)
Economic challenges for businesses in the country are also minor in nature. The country
has a stable economic environment with stable currency system. The markets within the
Page | 8
Document Page
economy are also quite stable that allows businesses to develop with much challenges. Social
environment existing encourages new business growth. With steadily increasing population and
immigrants in the country, there is a large influx of various types of businesses. The country has
a stable inflation rate with stable rate of currency exchange. Economy of the country is mostly
based on its own consumption patterns rather than depending upon external sources of export
and import based businesses. The country exports to few of the neighboring countries as
Australia, China, Indonesia and so on and it imports from these countries. Tourists influx in the
country is high as it attracts various people from neighboring countries for its scenic beauties.
Businesses of various nature, from various communities are being set up in the country with
acceptance from local community. There are a number of immigrants from Australia, China,
India, Bangladesh, Pakistan, Indonesia and other neighboring countries. With such diversified
mix of colonies co-existing within the country, there are varied types of indigenous businesses
that are being set up. Maori businessmen are the most traditional businesses that exists in the
country. With recent opening up of the economy of the country there has been a large number of
international and multinational corporations that have established their businesses in the country.
Apart from international chains, a lot of indigenous businesses also exists parallel in the country.
Page | 9
Document Page
Figure 3: Residence Visas Granted
Source: (move2nz.wordpress.com Retrieved on 15th March 2018)
There has been a steady appearance of spices business, local cuisine business, grocery
store businesses in the country that are gaining prominence. New Zealand is the home to an
advance technology system, where setting up business websites or Apps are quite a common
thing. This allows attracting customers to a great extent as they can easily avail various products
on the ease of a click. Technological development within the country has been robust with
adaptation related to Wi-Fi systems and other App based systems to support growth. Business
based technological development have taken a robust shape within the country, with government
laying special initiatives for setting up of the same. Businesses can also provide various products
and discounts to their customers directly through the website and App. The Company aims at
offering dance classes can easily offer website based and App based training programs as well to
its customer groups. It can also aim at marketing or promoting its business through website and
Page | 10
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
App in form of paid or unpaid advertisements. The Company can also market its products
through social media as Facebook, Twitter, Instagram and so on. Legality of businesses is easy to
establish in the country as there is minimum laws and regulations that needs to be complied with.
Businesses establishing in NZ area needs to comply with laws, rules, regulations of the land.
They need to conform to land laws, labor laws, workers safety rules and other laws or regulations
as deemed to be necessary by the legal team of the Company. The legal team or professional
appointed by the Company has to evaluate the necessary laws as are required to be complied by
the Company and has to abide by the same.
Figure 4: NZ Population Change
Source: (Nana Retrieved on 15th March 2018)
Most integral aspect of conducting business in New Zealand is that a major proportion of
the population comprise of Maori tribes. Various businesses within the country are established by
Page | 11
Document Page
Maori population or consumers are Maori. Petrie (2013) examines the most primitive colonies
New Zealand, which established and conducted businesses (Petrie 2013). While the percentage
of Maori population establishing ventures in urban areas is relatively less, they are mostly
concentrated in rural areas. New businesses establishing in the area has to compete with
businesses indigenous businesses there or has to cater to customers, who are mostly Maori.
Auckland is an urban area, where concentration of Maori population is relatively less compared
to other nationalities. Therefore, businesses in Auckland or an y other city area has to cater to
relatively lesser number of Maori population but in cases of online customers, they need to cater
to varied types of customer profiles.
With emergence of entrepreneurship endeavors in New Zealand, there is large impetus
from government as well as local corporations. Funding banks have lowered their interest rates
and also providing help based on knowledge inputs for growth and development of businesses.
Welter, Brush, & De Bruin (2014) identifies gender based development of entrepreneurship in
the country (Welter 2014). While earlier focus was mostly on male entrepreneurs, currently
females entrepreneurs are receiving several aid for setting their own businesses. There are
programs for women empowerment that allows them to expand and set their businesses to cater
to needs and demands of the population. There are a number of home based ventures that are
being set up by females entrepreneurs in the country. However, current infrastructural
development has also led to various professional and freelance based entrepreneurial ventures
being developed by women. The sole success of the business will be determined by its capability
to establish as an only avenue for learning dance. There are yet not established Indian Classical
Dance school in the region that caters varied number of customer segments. This will be an
unique proposition in the area offering varied opportunities to learn the art form. Further, its
Page | 12
Document Page
capabilities to provide online training will help attract large number of people from varied
segments of the population.
4.3 Classical Dance Industry Evaluation
New Zealand is characterised by mostly indegeneous population and immigrants. There
is a large segment of the population that includes people from Indian communities. Presence of
Indian communities has made it mandatory to have various ethic oriented requiremets. There are
Indian cuisine restaurants, clubs, community centres, grocery stores and so on. Indian Classical
Dance forms an integral part of the Indian community. During religious, entertainment or
marriage functions, dance is a major inclusion. Analysing pertinent literatures reflects that
Gujarati’s and Punjabi’s constitutes major proportion of Indian population in NZ. These
ethnicity considers dance as an integral part of their daily programs. Therefore, they learn dances
for the various cultural programs through YouTube videos or other videos available online. But
these videos are not sufficing to be able to train these individuals for dance programs. These
segment of the population also lacks dance choreography, which is a requiremetn for Indian
Classical Dance performances (Tapsell 2008). New Zealand’s ethnic Indian group is able to
make a shift among several cultural contexts like that of the home nation and also of the host
nation. This is done relatively easily by them as the Indian society’s basic composition and their
familiarity in terms of negotiations between postcolonial and colonial life aspects make the
people get used to living in a setting which is diverse culturally.
Setting up of Indian Classical Dance classes will allow this segment of the population to
learn and reproduce various dance forms suited to meet requirements. It has been found that
often Indian communities invites dance personas from Indian subcontinent or elsewhere for
Page | 13
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
meeting their dance needs. A large segment of the population often trains themselves from un-
professional dance trainers, who have picked moves through some videos. It has been found that
an avergae Indian Classical Dance performer from the subcontinent stays with local NZ family
and spends upto 1 month in training, earning as much as NZ 10,000 a month. These dancers
charge from anything between NZ 500 to NZ 1,000 per student for training for a special program
for a period not more than 15 to 20 days. These trainings does not lasts long enough for students
to remember them as well (Prescott 2009). Moreover, dance performances put up by these
professional dancers attract large amounts of crowd, where ticket prices charged are substantially
high compared to other entertainment shows in the country. The cultural heritage in terms of
India’s classical dances originates from areas which currently form the countries of India,
Bangladesh and Pakistan. Additional influences also come from the Tamil culture that exists in
South India as well as Sri Lanka and other neighbouring nations like Turkey and Iran. The
history of India’s classical dance is a reflection of the road taken by India to nationhood and also
that of its religious and cultural traditions.
For analysing deeper trends within the concept of the current business idea, presence of
Indian community with New Zealand has to be explored. An article by Delord (2008) named
Population trends in a community of large Procellariiforms of Indian Ocean: potential effects of
environment and fisheries interactions. In the Biological Conservation, volume 141(7), pages
1840 to 1856 explores population trends within New Zealand (Delord 2008). The diversity and
multi-culturalism and the ways in which people live together in a region that is made up of
several cultures. It is regarding the ways in which they celebrate value and acknowledge cultures
that are distinct and that have diverse practices. It is also regarding the frictions which take place
between various cultures within the communities. It is regarding the reasons as to why or why
Page | 14
Document Page
not people take the decision to be a part of the dance practice classes that belong to a culture
which is distinct from their own. It is also about how cultural dance occurs in a place which is
multi-cultural and diverse. It is about the example which Auckland sets in the 21st century urban
life. It is regarding the ways in which the region is brought to life by the people and the ways in
which they form connections within their communities by means of cultural practices. It is also
about the things which make the region special, give the people a feeling that they are at home
and how it makes the region feel as being “their place” and also make the region “our place”.
Some of the articles that has been contributed immensely towards the study are Booth
(2014) article, Performance networks: Indian cultural production in Aotearoa/New Zealand
(Docto ral dissertation, University of Otago) (Booth 2014). This article analyses several Indian
cultural productions in New Zealand that are spreading the culture. There are several
independent dance production houses in the country that are promoting the culture, hence there
does exists scope and opportunities regarding the same. Anbarasi (2012) article Analysis of
lower extremity muscle flexibility among Indian classical Bharathnatyam dancers. pain, volume
5, page 6 reflects the benefits of learning Bharatnatyam (Anbarasi 2012).
4.4 Evaluating Target Audience
Understanding target audience is integral to establishin successful business anywhere.
While there is presence of large number of individuals from Indian population, they alone cannot
be suffcing fact for setting up dance institute in the country. There are various marketing tools
and techniques that helps analyse target audience group for a business. Shuker (2008) identified
popular cultural music within New Zealand and various governmental policies concerning them
Page | 15
Document Page
(Shuker 2008). The best way to analyse target population segment is to anlyse demographic,
geographic and pscyhographic factors.
Sandler and Thedvall (2017) published book, Meeting ethnography: Meetings as key
technologies of contemporary governance, development, and resistance (Volume 37). By Taylor
& Francis analyses various contributors to the development of Indian classical dance classes in
various areas of the world (Sandler 2017). Schultz (2011) article ‘Sons of the Empire’: Dance
and the New Zealand Male examines several dance forms that are taught across New Zealand
(Schultz 2011). Veblen (2013) article, The tapestry: Introducing community music. In the
Community music today, pages 1 to 12 analyses specific community music that are o n
continuous rise across world countries (Veblen 2013).
Proliferation of Indian community within New Zealand is critical to study for
understanding demographci and geographci trends for purpose of markeitng of the business idea.
Another prominent article in the area is by Johnson (2014) Diwali Downunder: Transforming
and Performing Indian Tradition in Aotearoa/New Zealand. In the MEDIANZ: Media Studies
Journal of Aotearoa New Zealand, volume 9(1) (Johnson 2014) that analyses demand of Indian
cultural performances in festivals. While there is a general demand of Indian cultural performers
in New Zealand but such trends has been seen to rise especially during festivals. Such trends
analysis forms a critical background for purpose business analysis.
Analysis of demographic trends reveals prevalence of Indian population in the country.
Demographic trend analysis is pertiennt for understanding demands related to the Company’s
services. New Zealand is a sparsely populated country, hence it is integral that one analyses
demographic features within the country prior to designing services. In the country middle and
Page | 16
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
high earning income group comprises of 40% of the total population, whereas lower middle I
ncome groups consists of the rest of the demography. Further male to female ratio is almost 1:1,
which makes it easy to offer the product to the entire crowd. Large number of females forms the
target customer group for the Company, aged between 15 years to 45 years of age. Income group
targetted at for the business is middle to high level income group.
Analysing geographic trends reveals that mostly customers in the cities will be targted,
especially Auckland. Various parts of the country New Zealand is sparsely populated compared
to other parts, hence as per geographic distribution of the crowd, the services of the Company
needs to be offered. As population of Indians is high and concentrated in major cities hence
they will be targeted. Within cities where Universities and other facilites are based, population is
concentrated there. Most Indians or people from other communities prefer to live in these areas,
as rural areas are mostly inhabitet by local people as Maoris. As the target population is not
Maori population and mostly people from Indian communities, services of the Company will be
based in city areas only. Marketing efforts like advertisments and promotions will be based in
city areas as Auckland mostly.
Psychographic factor analysis reveals that customers who have interests in attending
Indian weddings or religious or other functions will be interested in joining the dance classes.
While the Company will offer dance classes specially oriented towards Indian religious and other
programs, it will also aim at offering dance classes tuned to meet needs of regular practice. The
classes will be conducted regularly for exercise based practice and dance practice. The Company
will target at grooming children specially such that they develop the art form.
Page | 17
Document Page
4.5 Literature Gap
There are various literatures that define scope exisitng within New Zealand for establishing a
new business. However, there is a literature gap owing to analysing demand of target audience,
who would want to opt for dance classes. Further presence of Indian classical dance classes in
NZ areas has also not been established through literature analysis.
4.6 Chapter Conclusion
Analysing pertinent liertatures from various journals, articles and internet sources depicts
prevalence of immense opportunities to set up business in NZ. However, there is no data or
information that clearly states opportunities for Indian Classical Dance classes in the country.
Therefore, data collection and analysis has to be conducted in order to understand scope of this
business in the country, by connecting increase in Indian population and increase in their demand
for Indian Classical Dance classes.
5.0 Chapter: Methodology, Secondary Data option
5.1 Chapter Introduction
A research methodology forms critical backbone for any study. A research methodology
defines ways a scholar progresses through the entire study. This study focuses on evaluating
various business alternative in Auckland, New Zealand area. Neuman (2013) provides a detailed
sketch of ways in which a study has to be conducted (Neuman 2013). Defining an appropriate
business methodology while help cater to research objectives in a successful manner by
identifying the problem areas effectively. While business scopes are immense in New Zealand as
Page | 18
Document Page
has been indicated through literature surveys, the scholar needs to understand the scenario
through research methodology and secondary data collection procedure. For proper data
collection procedure an appropriate research process needs to be defined clearly.
5.2 Research Methods
Entrepreneurial methods are often selected to collected market related data. Analysis of
market related data can reveal useful information that can be applied for this study.
There are multiple types of business research methods available which can be used to collect
data as questionnaires, surveys, checklists, interviews, documentation review, observation, focus
groups and case studies. For the purpose of this research documentation review has been adopted
for understanding ways of how a program is conducted. It includes reviewing of minutes,
applications and other relevant documents as in this case there are a multiple documents from
local association for Indians has been obtained. It yields arriving at historical and comprehensive
information from the already existing sources. As the information that is used for the study al
ready exists, there are biases which are bound to be accommodated in the data. In Auckland,
there are a large number of local clubs and other outlets where Indians community goes to. These
places can help reveal crucial information for the business, as they publish magazines along with
other write ups that are crucial to the business and can be used easily.
For the purpose of this study, the scholar needs to understand business details in great
depths prior to starting the venture. The scholar has decided to break down the study in
components as establishing venture requirements, analysing industry factors prevalent in the
country and analysis of target audience for the business. These components will be segregated
and analysed separately as data will be collected for each of their components (Liamputtong
Page | 19
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
2009 ). Here the scope of the study does not pertain to analysing any problem rather to derive an
in-depth understanding relative to opportunities existing. This study aims at in-depth detailed
examination of various opportunities existing for businesses in Auckland area by organization of
various data derived from various sources. Then scholar identifies potentiality of the business to
expand scope within New Zealand, while keeping profitability of the venture. The scholar aims
at identifying specific target population that the business will attract.
The scholar had to make decision as to whether adopt quantitative or qualitative research
approach or inductive or deductive techniques. In qualitative approach the scholar aims at
collecting subjective data and other relevant information pertaining to the study. Whereas in
quantitative research approach, numerical data is collected and analysed. Further an inductive
approach is selected when observation is pursued and then theories are formulated based on
them. Deductive techniques applies relevant theories for the purpose of interring results. A
rationale for this study defines that both qualitative and quantitative data will need to be obtained
for the purpose of this study. The scholar will make use of both types of data for application of
relevant theories and interfering results thereof. The scholar will adopt data collection from
secondary sources and arrange them to arrive at findings relative to the study.
A research design is a critical part of the methodology process for efficiency and
functionality of the operational process. An explorative approach will be adopted by the scholar
in order to explore dearth of information available to arrive at key findings for the study. An
explorative approach is ideally suited for this type of research, as the scholar will need to
evaluate various concepts and ideas pertaining to the same. The scholar will need to explore
information from various sources to arrive at concrete solution for the study. Other research
design that can be adopted are explanatory or predictive research designs. Explanatory designs
Page | 20
Document Page
are not selected for the purpose of the study as it aims at deriving fundamental association with
the variables that are being studies. In predictive research design results from explanatory
research are analysed for understanding future occurrences. An in-depth investigation has to be
launched to understand the demand of Indian classical Dance in Auckland (Cohen 2013). Greater
the understanding relative to the understanding of the venture, the scholar will be able to
establish the business with ease. The scholar upon application of explorative design procedure
has aimed at comprehending information that is derived from sources secondary and primary in
nature.
Data collection is the most integral part of methodology or any research procedure. Data
can be collected by means of two procedures as primary and secondary sources. Primary data can
be defined as the first hand data source that the researcher collects. Whereas in secondary data
collection method, data is collected from other sources that have already been published earlier.
It is not possible for the scholar to collect individual information from various members of the
Indian population in Auckland to understand their likeness towards Indian classical Dance. Also
it is nearly impossible to collect data regarding business feasibility or viability. Therefore, it is
best possible that the scholar derives data from already available data pertaining to businesses
established in New Zealand area. The Chamber of Commerce and banks nearby can provide
relevant information regarding business viability.
The scholar will mostly use data of secondary nature that has been collected through
sources that are secondary in nature and not first-hand data. Due to lack of time and resources,
the scholar will not be able to collect data from primary sources. Rather he will adopt secondary
type of data source, which are readily available on various online and offline sources. In order to
collect second hand data the scholar has adopted multiple internet sources, magazines, company
Page | 21
Document Page
magazines, newspaper and so on (Smith 2015). As the business wants to expands its business at
other locations in the country, it has to collect data relative to various geographic locations as
well.
Each data collected by the scholar has been verified to check for reliability. The scholar
will adopt inductive techniques for analysis of data of qualitative nature. For analysing data of
quantitative nature, statistical techniques will be adopted as mean, standard deviation,
correlation, regression, ANOVA and so on (Bryman 2015). Data analysis techniques will help
arrive at findings related to the study. The scholar will adopt ethical procedures for conducting
the study. Every data collected for the purpose of the study will be cross-checked and verified for
reliability and validity. The study will still have certain limitations. One major limitation for the
study is that it will suffer from the limitations of secondary data that it has collected and made
use in the study.
5.3 Ethical Consideration and Limitation
It is integral for any research conducted that ethical procedures are followed thoroughly.
For this study, the scholar has aimed at accommodating ethical procedures as much as possible.
All information that the scholar has obtained for the purpose of the study from banks and
Chambers of Commerce will not be disclosed to any person whatsoever or their names disclosed.
The scholar will rather use information derived from them. Secondly, all secondary data derived
for the purpose of the study will be cross-checked and verified for reliability and ac curacy of the
data. The scholar tried not to practice any sort of biasness in any form. The study however has
certain limitations as it has collected secondary data. The study cannot be formed as a basis or
Page | 22
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
representation for the entire population as it is very minute when compared to the entire size of
the population. The results for the study are specific to the Company case as has been analysed.
5.4 Chapter Conclusion
It can be derived from the above analysis that the scholar has aimed at collecting and analysing
secondary data. While he has obtained such data from multiple sources, he has followed proper
methods and ethical processes for verifying the same. All data collected for the purpose of the
study has been analysed to arrive at results and findings relative to the study.
6.0 Chapter: Data Results and analysis: Secondary Data option
6.1 Chapter Introduction
Once data has been collected successfully, to arrive at findings related to the study
appropriate analysis has to be conducted. Results obtained from data collected is crucial for
Page | 23
Document Page
arriving at analysis pertaining to the study. While the data has made use of both qualitative and
quantitative research methods and procedures, it will need to accommodate data analysis
technique for arriving at appropriate results for the study. The scholar will aim at inductive
techniques for qualitative data, whereas for purpose of quantitative data, statistical procedures
will be applied.
Once all procedures has been applied on collected data, then results will be derived for
the same for arriving at crucial findings related to the study. In order to arrive at results and
discussions related to the study, it becomes pertinent to analyse data related to the same
(Buerkler 2013). While the scholar has been able to successfully collect large amount of variable
data, statistical along with inductive analysis has helped to arrive at findings related to the study.
The research procedure has collected data pertaining to answer the research questions
particularly.
6.2 Results and Analysis
Post analysis of data derived from various secondary sources, the following results have been
arrived at. The results derived has been connected to research questions and objectives such as to
ascertain success of the project. The results has arrived at has been segregated and grouped under
separate heading for ease of understanding related to the project.
Results and Discussion 1- Increasing Scopes for Business:
In New Zealand, Kiwi business are growing and developing inspite of global economic
slowdown. Kiwi entrepreneurs are regarded as being more upbeat compared to global
Page | 24
Document Page
entrepreneurs in their vision of business and economics. There are however immense amounts of
fear relative to profitability and revenues. Most businesses across the country has reported to
have faced financial decline. Only a minute number of businesses as small as 79% against 81%
has had revenue increase, as reflected by Global Entrepreneur Indicator (GEI). This has been
reported as contracted to globally 66% businesses reporting higher business revenues. James
McGlinn, EO of the Auckland Entrepreneurs Organisation reflects that the number shows
increasing Kiwi entrepreneurs.
Figure 5: NZ Entrepreneurship
Source: (NZ entrepreneurs more upbeat as rock star economy continues to rock Retrieved on 1st
March 2018)
Page | 25
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
A survey conducted by a prominent newspaper depicts that 94% of entrepreneurs in NZ
wants to start a new venture. Increase in number of local businesses have led to rise in full-time
employees amounting to 75% as against 56% global hiring. These businesses amounting to 47%
have increased access to capital that have led to increase in net profits.
The NZ economy is also said to improve in the next six months compared to its global
peers. Especially in Auckland, over 91% businesses are expected to make a net profit. Local
sentiments amongst businesses also reflects similar figure as is reported by economists. NZ
Institute of Economic Research (NZIER) shows that the current state of the economy is better
compared to global uncertainties. GDP of the country is expected to grow at a constant rate of
3% but exports is expected to dampen with weakening of Australian and Chinese demand. The
Hong Kong and Shanghai Bank designates NZ as a rock star economy primarily due to net
migration influx and reconstruction of Canterbury. There remains certain risks within the
economy as increasing of interest rates and dip in dairy prices affecting rural income.
Results and Discussion 2 – Increasing Indian population in New Zealand:
A rising portions of Indian population in New Zealand has earned them a specific name of
Indo-Kiwis or Indian New Zealanders. Although the term Indian depicts a greater ethnicity with
large amount of racial diversity. The term used to call them in New Zealand is generally used to
refer to people from sub continental heritage. Currently census reveals that Indians living in
Auckland is 146,500, which is the highest in New Zealand. Whereas it is 17,450 in Wellington,
Page | 26
Document Page
5,600 in Waikato, 4,352 in Bay of Plenty and so on. Indians in NZ area are either descendants of
Indian grandparents or parents or are students, who have enrolled in a course in the country.
While analysing ethnicity amongst Indians in the NZ, it was found that Gujarat’s and
Punjabi’s are the fastest growing Indian ethnicities. NZ records highest number of Indian
populations settled in various parts of the country. Major religion of Indians settled in NZ region
consists of Hindus, Sikhs, Islam and some that claim do not follow any religion.
Analysing data collected by the scholar reveals that there is a high percentage of Indian
population in Auckland area as well as overall in New Zealand. Growing number of India
immigrants, who migrate to the country for studying and job purposes are also increasing (Munsi
2012). The country’s tourism is also attracting a sizable proportion of Indian populations, who
visits the country and are often interested in Indian classical dance programs. With a multitude of
business opportunities existing the business can not only establish itself but also expand its
branches through several regions. Growing settlement of Indian population amongst NZ cities
and rural areas has led to t heir emergence as notable persons in the region. Indians have entered
almost every sphere of NZ businesses and service industry.
Results and Discussion 3 – Indigenous demands of Indian Population:
Asians constitute largest population in the NZ, with Indians forming a sizable proportion of
the population. Indians settled in the region have their own communities, clubs, restaurants and
separate form of settlement matched to their own needs. Analysing trends of specific dance
formats that are sought by Indian population, data has reflected high demand particularly for
Punjabi, Kathak and Bharatnatyam dance classes. While these forms original Indian classical
Page | 27
Document Page
dances, there will certain specific dance classes arranged for specific festivals and programs as
well. Especially in cases of wedding or Diwali where high demand is present for Bollywood
dance classes, such can also be arranged. While analysing demographic trends and demands of
the population, it could easily be understood that Indians live mostly concentrated across the
major cities in New Zealand (Friesen 2008). The demand for dance classes are particularly high
amongst female candidates aged 14 years to 45 years of age. This will offer the business large
business scopes to offer varied programs to the population and market the same.
Indians while establishing their own culture within NZ have brought in various forms of
ethnicity. There are specific colonies where Indians live with specific restaurants, grocery stores,
places of worship and other necessary places. Indians living in NZ have accustomed themselves
to the comfort of their own ethnicity, while even living offshore. Indians in the NZ prefers to
purchase their local cuisine and stay fixed to their own cultural identities. One of the major focus
on Indian identity lies in their various dance forms. While the term Indian classical dance might
encompass a wide range of dance forms, they have been in high demand across the country.
Dance classes are in high demand amongst Indians as it forms a basis for their culture. Dance
are not only a reflection of their art form, rather they are incorporated into every sphere of life
including rituals, marriage ceremonies, part of education in early childhood and so on. Growing
predominance of dance forms amongst Indians have led to emergence of quite a few academies
and institutes in the area near cities to cater to needs. However, most dance classes are organised
as per requests and are not regular dance class programs.
Page | 28
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Results and Discussion 4 – Rising demands for Indian Dance Classes:
Indian population have risen in a significant number in the recent years in New Zealand.
With rising number of Indians in the country, there are a large number of shows for
entertainment, religious and marriage purpose. For all these occasions Indian Classical Dances is
required. As Indian Classical Dance is a significant part of cultural tradition for entire Indian
population, teaching such dance forms will be in high demand. Analysing geographic trends
within the region, it could also be analysed that demand for Indian dance classes is particularly
high amongst those residing in cities. With growing mixed culture in the region, apart from
Indians, friends and colleagues of theirs have also started demanding for Indian dance classes.
Therefore, the business can easily explore scopes pertaining to expanding small centers across
major cities in New Zealand.
In major cities across NZ especially in Auckland, where Indian population is highest, there
are monthly various functions that are being set up. These functions are organized in community
centers in the cities, where artiste from Indian subcontinent performs. There are large number of
high budget marriage functions that take place in cities community centers, where trained
dancers performs. Meaning establishing classes for Indian Classical Dance will not only provide
opportunities for people to learn dance classes but will also provide a definitive career for many.
Many individuals interested in dance can take up these classes to perform in stage functions. The
Dance Institute at a later stage can create their individual shows as well to increase popularity.
With increasing number of dance shows and programs in the country, there is a growing interests
of other communities towards Indian Dance Classes. There are various additional benefits of
taking these dance classes that has been covered in literature review, which reflects that
Page | 29
Document Page
exercising benefits. Therefore, not only can such dance forms be learnt by Indian population but
it can also act as an exercising method for other segment of the population too.
Results and Discussion 5 – Expanding Dance Classes to other Locations:
Indians living in New Zealand was earlier limited to cities only. But recent trends shows that
various segments of the population settling in parts of rural areas and other smaller cities as well.
With wide spread nature in Indians settling in various parts of the country, the dance classes
cannot remain limited to a single location alone. The Dance classes will initially be set in
Auckland. But with growing popularity of the classes, it is bound to expand. As analysed from
literature review that Indians are currently spread across various locations and individuals from
other communities are also interested in learning the dance from. It can be derived that the dance
classes can develop online programs or App based programs for training individuals that stays
away from Auckland. With development of a concrete base of customers, the Company can
gradually consider opening its branches at other locations as well. Outlets at other locations will
be mainly based on target population group based in cities. Later trainer can arrange to set up
small classes in rural or other parts of the country.
Therefore, the three prominent findings of the study reveals positive trends. However, there are
other details introspection in the study as well that reveals detailed information.
Page | 30
Document Page
6.3 Chapter Conclusion
Derivation of data collected and its subsequent analysis reveals that there is high scope prevalent
in NZ for setting up of Indian Dance classes. This business has high feasibility and viability if it
can be set up utilizing appropriate sources of finance. Entrepreneur for the business has to
determine business viability with its feasibility while targeting the right type of audience for the
business. This will help the business earn suitable revenue and establish profitability, similar to
other businesses in the country.
7.0 Implication of the Research
Deriving from the above study it can be said that the business plan for opening Indian
Dance classes in Auckland, New Zealand are immense. There exists tremendous opportunities to
market the product through various demographic and geographic markets due to presence of
large numbers of people from Indian community. However, for arriving at specific findings
related to the study, the scholar will collect and analyse data for determining business feasibility.
Therefore, through data analysis it can be appropriately assessed the scopes existing for the
business feasibility.
Page | 31
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
8.0 Reference Lists
Anbarasi, V. R. (2012). Analysis of lower extremity muscle flexibility among Indian classical
Bharathnatyam dancers. pain, 5, 6.
Ashley, L., & Nakamura, A. (2011). Finding a balance: dance making on a bachelor of dance
programme in New Zealand. Research in Dance Education, 12(3), 221-236.
Ashley, L. (2014). Encountering challenges in teacher education: Developing culturally pluralist
pedagogy when teaching dance from contextual perspectives in New Zealand. Research
in Dance Education, 15(3), 254-270.
Bacq, S., & Janssen, F. (2011). The multiple faces of social entrepreneurship: A review of
definitional issues based on geographical and thematic criteria. Entrepreneurship &
Regional Development, 23(5-6), 373-403.
Booth, A. S. (2014). Performance networks: Indian cultural production in Aotearoa/New Zealand
(Doctoral dissertation, University of Otago).
Bryman, A., & Bell, E. (2015). Business research methods. Oxford University Press, USA.
Buerkler, E. (2013). Critical success factors for joint innovation: Experiences from a New
Zealand innovation platform. The Innovation Journal, 18(2), 0_1.
Cohen, L., Manion, L., & Morrison, K. (2013). Research methods in education. Routledge.
Delord, K. B. (2008). Population trends in a community of large Procellariiforms of Indian
Ocean: potential effects of environment and fisheries interactions. Biological
Conservation, 141(7), 1840-1856.
Drummond, J. (2012). An international perspective on music education for adults. The Oxford
handbook of music education, 2, 303-314.
Friesen, W. (2008). The evolution of ‘Indian’identity and transnationalism in New Zealand.
Australian Geographer, 39(1), 45-61.
Husain, S. G. (2012). Indian Council for cultural relations.
Page | 32
Document Page
Johnson, H., & Figgins, G. (2014). Diwali Downunder: Transforming and Performing Indian
Tradition in Aotearoa/New Zealand. MEDIANZ: Media Studies Journal of Aotearoa New
Zealand, 9(1).
Liamputtong, P. (2009). Qualitative research methods.
Munsi, U. S. (2012). Traversing tradition: Celebrating dance in India (Vol. 2). Routledge.
Nana, G Retrieved on 15th March 2018, 'Ganesh Nana calls for an explicit population policy into
which immigration would be one component, one that focuses on long run issues. Short
run surges and slumps are not helpful, he says',
https://www.interest.co.nz/opinion/83455/ganesh-nana-calls-explicit-population-policy-
which-immigration-would-be-one-component.
NZ entrepreneurs more upbeat as rock star economy continues to rock, WGCSC Retrieved on 1st
March 2018, 'NZ entrepreneurs more upbeat as rock star economy continues to rock,
while global counterparts stay cautious', https://idealog.co.nz/venture/2015/03/nz-
entrepreneurs-more-upbeat-rock-star-economy-continues-rock-while-global-
counterparts-stay-cautious.
Neuman, W. L. (2013). Social research methods: Qualitative and quantitative approaches.
Pearson education.
Prescott, S. M. (2009). Pacific business sustainability in New Zealand: a study of Tongan
experiences (Doctoral dissertation, Auckland University of Technology).
NZ entrepreneurs more upbeat as rock star economy continues to rock, WGCSC Retrieved on 1st
March 2018, 'NZ entrepreneurs more upbeat as rock star economy continues to rock,
while global counterparts stay cautious', https://idealog.co.nz/venture/2015/03/nz-
entrepreneurs-more-upbeat-rock-star-economy-continues-rock-while-global-
counterparts-stay-cautious.
Petrie, H. (2013). Chiefs of industry: Maori tribal enterprise in early colonial New Zealand.
Auckland University Press.
Page | 33
Document Page
Polkinghorne, J Retrieved on 15th March 2018, 'Auckland’s migration boom',
https://www.greaterauckland.org.nz/2016/02/10/aucklands-migration-boom/.
Sandler, J., & Thedvall, R. (Eds.). (2017). Meeting ethnography: Meetings as key technologies of
contemporary governance, development, and resistance(Vol. 37). Taylor & Francis.
Schultz, M. (2011). ‘Sons of the Empire’: Dance and the New Zealand Male. Dance Research,
29(1), 19-42.
Shuker, R. (2008). New Zealand popular music, government policy, and cultural
identity. Popular Music, 27(2), 271-287.
Smith, J. A. (Ed.). (2015). Qualitative psychology: A practical guide to research methods. Sage.
Tapsell, P., & Woods, C. (2008). Potikitanga: indigenous entrepreneurship in a Maori
context. Journal of Enterprising Communities: People and Places in the Global
Economy, 2(3), 192-203.
Taylor, S. J., Bogdan, R., & DeVault, M. (2015). Introduction to qualitative research methods: A
guidebook and resource. John Wiley & Sons.
Veblen, K. (2013). The tapestry: Introducing community music. Community music today, 1-12.
Welter, F., Brush, C., & De Bruin, A. (2014). The gendering of entrepreneurship context.
Page | 34
chevron_up_icon
1 out of 34
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]