This is a Group Assignment. Group members are expected to develop a report based on the given details. Points will be awarded for originality and creativity. Please note that only one group member will be responsible for submitting the final document.

Consider a small$/$medium$-$sized business that you plan to start in the North American market $($either in the US or Canada$).$ The business can be in any sector of your choice $($e$.$g$.,$ technology, retail, services, etc.$).$

Business: Describe the process you would follow to start your business. Discuss how you would identify opportunities, develop a business concept, and determine the resources required.

Management: Outline your management plan for the business. Discuss your approach to planning, organizing, leading, and controlling within your organization.

Organizational Goals: Define the mission and vision of your business. Based on these, set at least three strategic organizational goals and discuss how these goals align with the mission and vision.

Small Business & Economy: Analyze how your small$/$medium business would contribute to and be influenced by the current economic conditions in North America $($either in the US or Canada$).$ Consider factors such as market trends, competition, labor market conditions, etc.