Market feasibility and growth potential of your business venture
Conduct primary and/or secondary research to determine the market feasibility and growth potential of your business venture, and then develop a report that you would give to an investor to convince him or her of the viability of your project. (CO1)
Sure, here is a report that I would give to an investor to convince him or her of the viability of my business venture:
Executive Summary
I am proposing to start a business that will provide online tutoring services to students of all ages. The market for online tutoring is growing rapidly, and there is a large unmet demand for high-quality, affordable tutoring services. My business will fill this gap by providing students with access to experienced and qualified tutors at a fraction of the cost of traditional tutoring.
I have conducted extensive research on the market for online tutoring and have identified a number of factors that suggest that my business is viable and has the potential to grow rapidly. These factors include:
- The increasing popularity of online learning: More and more students are choosing to take online courses, which is creating a demand for online tutoring services.
- The rising cost of traditional tutoring: The cost of traditional tutoring is becoming increasingly prohibitive for many families. This is creating an opportunity for businesses that offer more affordable tutoring services.
- The growing availability of qualified tutors: There is a growing pool of qualified tutors who are available to provide online tutoring services. This makes it possible for my business to offer high-quality tutoring services at a competitive price.
- The increasing popularity of online learning: More and more students are choosing to take online courses, which is creating a demand for online tutoring services.
- The rising cost of traditional tutoring: The cost of traditional tutoring is becoming increasingly prohibitive for many families. This is creating an opportunity for businesses that offer more affordable tutoring services.
- The growing availability of qualified tutors: There is a growing pool of qualified tutors who are available to provide online tutoring services. This makes it possible for businesses to offer high-quality tutoring services at a competitive price.
- High-quality tutors: I will only hire experienced and qualified tutors who are passionate about education.
- Affordable pricing: I will offer my services at a fraction of the cost of traditional tutoring.
- Convenience: Students can access my services from anywhere with an internet connection.
- Flexibility: Students can schedule their tutoring sessions at times that fit their busy schedules.
- Me: I am the founder and CEO of the company. I have over 10 years of experience in education and have a proven track record of success in starting and growing businesses.
- Jane Doe: Jane is the COO of the company. She has over 15 years of experience in the online tutoring industry and has a deep understanding of the market.
- John Smith: John is the CFO of the company. He has over 10 years of experience in finance and has a proven track record of managing financial operations.