Your friend Thomas, wants to start a new startup company. His idea is to create an...

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Your friend Thomas, wants to start a new startup company. His idea is to create an app to rent personal cars. He says, this is going to be the Airbnb of car rental industry. He is really excited and he comes to partner with you. His suggestion is that he will run the technical side of the business and you deal with business side of the company activities. Study to market to see if his idea is feasible or not. In your report, make sure to address the following items: Competition, • Potential market • Benefits of the idea for people • Benefits of the idea for inventors Required resources to run this business legal challenges of this business Submit your report. Your friend Thomas, wants to start a new startup company. His idea is to create an app to rent personal cars. He says, this is going to be the Airbnb of car rental industry. He is really excited and he comes to partner with you. His suggestion is that he will run the technical side of the business and you deal with business side of the company activities. Study to market to see if his idea is feasible or not. In your report, make sure to address the following items: Competition, • Potential market • Benefits of the idea for people • Benefits of the idea for inventors Required resources to run this business legal challenges of this business Submit your report.

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Entrepreneur is a person who identify business opportunities and put in place product or services to meet the need of the consumers and also undertake risk of the business with a view to make a profit ... View the full answer