As an entrepreneur, you wanted to launch a new burger shop in Bangladesh. So, at first, you need to construct a plan to open new channels within the Dhaka City to conduct your business operations. Later, based on response of your targeted customers, you can expand your business area. Moreover, you want to design this restaurant for specific group of people. Therefore, you need to hire some people to manage your business operations and you are trying to add some values to satisfy your customers. However, to generate the fund, you may take loan from the bank or other sources. From your analysis, you have found that there are other competitors who are already articulating their operations in this service industry. a) Now, explain a comprehensive feasibility analysis on your new venture. b) Mention the value added features or any innovative ideas for you new venture.
As an entrepreneur, you wanted to launch a new burger shop in Bangladesh. So, at first, you need to construct a plan to open new channels within the Dhaka City to conduct your business operations. Later, based on response of your targeted customers, you can expand your business area. Moreover, you want to design this restaurant for specific group of people. Therefore, you need to hire some people to manage your business operations and you are trying to add some values to satisfy your customers. However, to generate the fund, you may take loan from the bank or other sources. From your analysis, you have found that there are other competitors who are already articulating their operations in this service industry.
a) Now, explain a comprehensive feasibility analysis on your new venture.
b) Mention the value added features or any innovative ideas for you new venture.
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