In this assessment, you are expected to assume that your group is going to start a new business activity. Students have complete discretion in selecting a business activity and deciding the details of the activity. Once you have chosen a business activity, you need a Report that addresses the following questions:

1. Introduction to the business activity.
   • In this section, you need to describe the name of the business, nature of the business, purpose, type of industry, how much capital is required, expected start-up cost, the number of owners, kind of control expected by the owners, location, whether renting or buying premises, online presence, number of employees, nature of customers, and any other relevant information.