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1 page/≈275 words
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Subject:
Business & Marketing
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Essay
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English (U.S.)
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Topic:

Business Venture: Food Selling Business/Joint

Essay Instructions:

You are stepping into the world of entrepreneurship. For this assignment and the next three, pick an industry and a business you would like to own. This business must require the purchase of new or used equipment as an essential part of running the business (such as machine tooling, commercial stove top, dry-cleaning equipment, or commercial printing equipment.)
Instructions
Write a one-page paper in which you:
Describe the industry and the type of business you plan to start. Provide specific details, such as the location, type of customers, and closest or main competition.
State why this type of business interests you.
Indicate why you believe this business could be successful. Provide support for your rationale.

Essay Sample Content Preview:

Business Venture
Student’s Name
Institutional Affiliation
Professor’s Name.
Due Date
Business Venture: Food Selling Business/Joint
The foodservice industry has had a vast range of businesses in every state. The industry has always been a delight to me, as I naturally enjoy preparing food to feed other people and see them delight in my culinary skills. I plan to venture into a food-selling business that will be nutrition-sensitive. The food selling business/joint will be located close to a learning institution, as I will be targeting students, teachers, and lecturers. The primary reason behind this specification is that students and teachers are least engaged in informed food choices, so they consume fast foods and junk most of the time (Nanayakkara et al., 2017). There lacks of time to sit down and concentrate on food preparation amid studies and networking.
The leading competitor will be food joints and eateries around that have dominated the industry for years and are widely recognized. However, I believe I will have a competitive advantage by first specializing in the...
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