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Topic : We are establishing new venture for helping new international immigrant students to get settled in overseas. Below are the questions need information related

Topic: We are establishing new venture for helping new international immigrant students to get settled in overseas.

Below are the questions need information related to the topic.

Description of the Venture:

What kind of business are you proposing to establish?

Who do you know that can provide advice, assistance, or contacts in that industry?

Where will you be located?

Why there?

Description of the Product or Service:

What will your product or service do?

What benefits will it deliver to purchasers?

Are there competitive product offerings?

Who is the competition?

What's wrong with what's already out there?

How weak or strong is your competition?

What does the product look like? (Provide diagrams, pictures or schemes if necessary or helpful.)

Identification of the Market:

Who do you think will buy your product (provide segmentation info by age, gender, income, etc.)?

Why might they buy it (what are their needs, why are they not being met, what are their motivations)?

Where is market located (Toronto, Ontario, Eastern Canada, Canada, North America, international?)

What is the size of the market by number of purchasers (provide empirical data to support)?

What is the size of the market by $$ value (provide empirical data to support)?

What are market trends (growing or declining)?

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