Friday, February 4, 2011

Business Ventures

The first business idea is to host delievery services. From my own experiences, I find myself often frustrated how the lunch selections at school are so limited. Which forces me to go to stores outside of school to purchase the products I desire. My friends also experience the problem, so I believe that it will be a successful venture idea. We could possibly take orders during break and the morning and deliver items during lunch time. This is also quite a realistic business idea for a student like me, as I will have a small budget and not willing to travel.

Another business idea is I could open a food stand. There are alot of restaurants around the school area that sell popular junk food, but they are not convienient, 7-11 does sell most of the products but at quite expensive prices. They will be the main competition for this venture. We could open the stand during break, lunch, or after school. Having a food safe certificate is a necessity so it would take sometime. Another problem might be low consumers so we would promote our stand everyday. This idea may not be as profitable as there are already alot of options when buying food in the school area but it's a fresh idea and may contribute to higher consumer base.