Question: Read the case study below entitled TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES [UPDATED] posted on Oct 18th, 2021. This article forms part of SME South Africas
Read the case study below entitled TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES [UPDATED] posted on Oct 18th, 2021. This article forms part of SME South Africas Township Entrepreneurship series. This article was originally published in October 2018, due to its popularity its been updated with brand new township business ideas in South Africa on 18 October 2021.Using the information provided in the case (although you are not limited in terms of ideas), identify a suitable Kasi business opportunity given the limited R50 000 budget. Your choices and explanation of the following should be clearly explained and justified: a) The type of business opportunity you identified for your friend (2 marks) b) A suitable name for the company (2 mark) c) The physical location for the company and the industry in which the company will position itself and operate (2 marks) d) The companys intended target market(s) (2 marks) e) The companys product(s) and/or service(s) (3 marks) f) A well-articulated vision statement (3 marks) g) A clearly defined mission statement (3 marks) h) A statement of identified values for the company (3 marks) (
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
