Can you please write a tourism business in Dubai?

In developing a new business venture, the process begins with recognizing an opportunity from a business problem and creating a business concept that articulates it. For the first steps, the entrepreneur

(1) builds a concept to solve the business challenge;

(2) fashions a story that conveys the meaning of the new venture.

3) prepares a presentation that tells the story and explains the concept to potential customers, investors and partners. After testing the concept with stakeholders, the entrepreneur may go on to develop a complete business plan.

can you please write 1,900 - 2,000 words business concept report that identifies and describes your innovative business idea.

Some of the issues that will help you in developing and evaluating your business idea are:

the problem or need and identification of the customers and market

the proposed solution and the uniqueness of the solution

why the customer will pay for the solution

feasibility, marketing, finance and operational issues

Report:

1. The business opportunity: The problem and solution (Identify the 'problem' and discuss the business opportunity that may address it, showing an understanding of the particular market and potential customers.)

2. Business opportunity assessment (This is your feasibility analysis. In this section, assess the feasibility of the business idea in relation to the following: industry/market, product/service, and the organization and its management.)

3. Business model/strategy (Based on your assessment of the business opportunity, explain the business model/strategy that you will use to realize the opportunity.)

Here are some questions to help GUIDE you in developing your business concept

What are the key factors in determining if your idea is a viable business opportunity? Is this just an idea or a real business opportunity? Can the new product or service work?

What contextual (economic, regulatory, industry) factors should you be aware of? What markets and market drivers should you focus on? What are the specific competitive advantages will the product or service offer? Who are the customers likely to be?

Who would make up the team? In your opinion, what is the greatest risk? Why and how should this risk be mitigated? What resources you will need? Who is going to finance it?

What would be the business strategy? Briefly describe your business strategy. What partners and alliances(important stakeholders) will you need in order to be successful in production, distribution, marketing, and overall? What distribution channels will be used?

Can you please Write a tourism business in Dubai?

Answer rating: 100% (QA)

Business Concept Report Dubai Desert Dream A Luxury Desert Safari Experience The Business Opportunity The problem we aim to address is the lack of unique and authentic desert safari experiences in Dub... View the full answer