Business Opportunity
The fifth week class of business opportunity deal with the discovery of some wide opened and hidden business opportunity as well as the transformation and realisation of business opportunity into business plan. Furthermore, we were also taught of how to justify if the business opportunity actually suit us and our business concept, suit with the society as well as the environment.
First of all before we ever want to kick start a business. We will need a powerful and concrete business plan that comes from a good and practical business opportunity. How can we discover business opportunities? In fact, business are able to run because it can solve people's problems effectively. Meanwhile a business opportunity can be found when people tend to solve their daily's PROBLEMS. It is so true that we have to face all sort of problems everyday. Yet every methods and ways that can ease of solve our daily problems can turn out to become a business opportunity that give rise of brilliant business plan. It seems so easy to say, but the way to people turns this problem into a business plan would always require a lot of efforts, critical thinking and deep research.
Our group found out the problem that most students faced daily that they would need to suffer from hunger normally during the morning class session. That's why we come out with the plan to sell some titbits to solve this problem.
Anyway, to realise the problem, we analyse our business plan for this business opportunity and find it quite beneficial and suit us as well as the committee in engineering faculty. We will try and try more to make sure the business opportunity we discovered can perfectly realised and run to ease the engineering faculty students' problems. We are glad that we are able to practice and apply what we learnt in lecture to the business. It would be a very good guideline for us to refer to whenever we are caught in dilemma and predicament.
Thank you.
Yi An.
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