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1 Name of proposed business and location: Choose your business: Creative (New -First one) or Innovative (Existing - Present as novel/ different) Eg. Name: Touba
1 Name of proposed business and location: Choose your business: Creative (New -First one) or Innovative (Existing - Present as novel/ different) Eg. Name: Touba Hypermarket LLC, Location: (Where) Ibra Type of Business (Manufacturing/Retailing business/Wholesaling - Eg., hypermarket, Catering, Fast food, Mobile accessories shop) Avoid these businesses: Do not Choose - Coffee Shop/ Barbershop/ Restaurant/Rent a car. Reasons: They are not innovative. 2 Brief description of your business (150 words) . . . . . . How money or capital is required to start the business-from where you are going bring this capital (Sources of capital) - Savings/Borrow - Father/ Friend, Loan-Bank: Which bank. What are the products - Good/service-offer- customer Reason for starting your business. Who are your customers? How do you sell your products to the customers? What is the price of the product that you would like sell? How many different types of products do you offer to customers? How many numbers of people will work in your business? Do you use any manufacturing type-what materials, machines do you use to create the good? Wholesaler - from where you are going to buy the goods How do you want to attract your customers? How much profit do you expect? 3. Innovative idea/feature in your business: What is the innovative idea in your business? How your business/products different from the rest in the market? What is the unique feature of your business or product that you would like to offerto the market? Explain the unique features of your product. 1 Name of proposed business and location: Choose your business: Creative (New -First one) or Innovative (Existing - Present as novel/ different) Eg. Name: Touba Hypermarket LLC, Location: (Where) Ibra Type of Business (Manufacturing/Retailing business/Wholesaling - Eg., hypermarket, Catering, Fast food, Mobile accessories shop) Avoid these businesses: Do not Choose - Coffee Shop/ Barbershop/ Restaurant/Rent a car. Reasons: They are not innovative. 2 Brief description of your business (150 words) . . . . . . How money or capital is required to start the business-from where you are going bring this capital (Sources of capital) - Savings/Borrow - Father/ Friend, Loan-Bank: Which bank. What are the products - Good/service-offer- customer Reason for starting your business. Who are your customers? How do you sell your products to the customers? What is the price of the product that you would like sell? How many different types of products do you offer to customers? How many numbers of people will work in your business? Do you use any manufacturing type-what materials, machines do you use to create the good? Wholesaler - from where you are going to buy the goods How do you want to attract your customers? How much profit do you expect? 3. Innovative idea/feature in your business: What is the innovative idea in your business? How your business/products different from the rest in the market? What is the unique feature of your business or product that you would like to offerto the market? Explain the unique features of your product
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