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Starting up a Business (How to find a gap in the market (Define the term…
Starting up a Business
What is a business?
Reasons for starting up a new business
What is social enterprise?
Define the term "Entrepreneur"
What are the characteristics of an entrepreneur?
How to find a gap in the market
Define the term "gap in the market"
Define the terms
Business aim
Business objective
State the likely aims/objectives for a business start-up
Measuring business success
Define the terms
Profit
Market share
Turover
Reevenue
Costs
What are the benefits of setting clear aims & objectives?