Task: Students will select Smart home integration service and Sustaniable Fashion marketplace in their Ideas Log to

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test

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$$through a research process. The summary will involve a preliminary market overview of these entrepreneurial solutions, exploring:

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$$Customers$,$

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$$Competitors$,$

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$$Product

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service

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$$Suppliers$,$

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$$Business location, and

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$$Industry$.$

Their summary should include research under the subheadings:

i

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$$Demographics and segmentation,

ii

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$$Target market,

iii

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$$Market need,

iv

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$$Competition$,$

v

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$$Barriers to entry, and

vi

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$$Regulation$.$

In this assessment, a preliminary market overview must include key business aspects under each of the suggested subheadings. Your writing is expected to be clear and well

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evidenced with reliable sources.

Overall, you will be assessed on how critically you:

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$$Identify and evaluate business ideas,

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$$Consider resourcing for business ideas,

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$$Identify and discuss ethical issues, and social or business responsibility issues, and

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$$Describe how potential investors and team members might be sourced.

Provide solutions for the above issues as per following structural details:

The analysis must have clear structure including abstract

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executive summary, Introduction, body paragraphs and concluding remarks.

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$$Abstract

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$$Executive Summary

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$$Introduction

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$$Body paragraphs must have heading, and sub

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headings

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For example Two most lucrative business ideas with Innovation as heading and Smart home integration service and Sustaniable Fashion marketplace with innovation by Identifying and evaluating business ideas, consider resourcing for business ideas, identifying and discussing ethical issues, and social or business responsibility issues, and describing how potential investors and team members might be sourced

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$$Conclusions include sum up of two business ideas with outcome.