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Directions: Think of a new product/service you want to introduce in the market by accomplishing the series of questions below.

✅ What type of business am I interested in starting?

✅ What will I name my business?

✅ What services or products will I sell?

✅Where will be I located?

✅ What equipment or supplies will I need?

✅ How much money (capital) do I need? And what are my sources of fund?

✅ How many workers do I need? And what are their roles?

✅ Who will buy the products/service?

✅ Why will they buy the product/service?

✅ How will the product/service be promoted and sold/offered?

✅ Who are my competitors?

Pa help naman guys (◍•ᴗ•◍)
advance thankyou...

nonsense answer - report

Sagot :

Answer:

What type of business am I interested in starting?

  • I'm interested in starting a food business

✅ What will I name my business?

  • "Kain Na Po" as a typical Filipino expression for inviting someone to eat.

✅ What services or products will I sell?

  • I will sell foods that are often referred to as "lutong bahay" so I can bring the feeling of being at home to my customers.

✅Where will be I located?

  • I will be located in a place where a crowd of people are located like near schools, factories or companies.

✅ What equipment or supplies will I need?

  • I'll be needing cooking supplies like gas stoves and a lot of kitchen utensils.

✅ How much money (capital) do I need? And what are my sources of fund?

  • I will prepare PHP 30-50 000 for the capital using my own savings.

✅ How many workers do I need? And what are their roles?

  • I'll be needing at least 2 cooks, 2 person in charge in the counter and 5 servers.

✅ Who will buy the products/service?

  • Everyone can buy the product since food is a necessity.

✅ Why will they buy the product/service?

  • Food is a necessity and not all people have the time to cook for themselves so my business will surely be a great help to them.

✅ How will the product/service be promoted and sold/offered?

  • I will use social media to expose my business to reach greater number of people.

✅ Who are my competitors?

  • I think my competitors will be those who also choose food business but with specific cuisines offered or those in small eateries.

BUSINESS

ANSWER

✅ What type of business am I interested in starting?

- I want to establish a plant and flower related business.

✅ What will I name my business?

- Peachy's nature plants

✅ What services or products will I sell?

- I will definitely sell rare plants, succulents, flowers, indoor plants and stuff like that.

✅Where will be I located?

- I'll choose a huge lot that is located along a highway, for a huge demograph and for more customer opportunity.

✅ What equipment or supplies will I need?

- I must have man power, plant and flower supply, garden tools and bunch of pots and other accessories for planting.

✅ How much money (capital) do I need? And what are my sources of fund?

- I definitely need 50-100,000 Php, I'll borrow money from the bank or from my own savings, since I plan to save money before establishing a business.

✅ How many workers do I need? And what are their roles?

- At first, I should hire 10 persons to establish my business, for transferring of plants and arranging the place of my business.

✅ Who will buy the products/service?

- I will contact a wholesaler, the one with a huge farm where I can get plant supplies and soil for planting.

✅ Why will they buy the product/service?

- Because plants are very in demand this quarantine, since people are cooped up and never go out of their houses often.

✅ How will the product/service be promoted and sold/offered?

- I'll promote my products online, because most people nowadays are relying with the internet and social media.

✅ Who are my competitors?

- Those who also sell plants and other resellers are my biggest competitors.

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