Question: Marshall Hanson the founder of Santa Fe Hitching Rail a
Marshall Hanson, the founder of Santa Fe Hitching Rail, a chain of nine steak restaurants in New Mexico, is considering expanding his menu, which is currently restricted to steak, hamburger, potatoes, and fries. He has just read a book about entrepreneurship and learned that entrepreneurs should study social trends to help identify new product opportunities. What are some current social trends that might help Marshall choose items to add to his menu? Given the trends you list, what items do you suggest Marshall add to expand his restaurant’s menu?
Relevant QuestionsIdentify three start-ups, other than those discussed in the chapter and listed in Table 2.2, which were started to solve a problem. Briefly describe the problems the three start-ups are solving and how they are going about ...What environmental trends are working in Dropbox’s favor as the firm seeks to operate profitably? What environmental trends may work against Dropbox and why? How can “solving a problem” create a business opportunity for an entrepreneur to pursue? Design a program for August Smart Lock, the subject of the “You Be the VC 3.1” feature, to directly observe its customers use its service. How should August Smart Lock go about it? What type of insights might emerge from ...What are the three separate components of financial feasibility analysis?
Post your question