12 Aug What needs to be done to translate this opportunity into a viable venture?
my part is to do location and management team, for Marel company( Fishing machinery) that is located in Iceland and we want to expand it to Indonesia.
please search and answer these question separately
IV. Location and Management Team – 5pts
As part of your analysis in part III, make sure to suggest one or more particular cities or regions that will play a role in your proposed strategy. Describe the advantages of the proposed locations in terms of operations and distribution among others.
Be sure to address the following when completing the entrepreneurial self-assessment and the entrepreneurial team’s selected location:
- Why does this opportunity excite you?
- What are your reasons for going into business?
- Why will this opportunity sustain you once the initial excitement subsides?
- How does it fit into your background and experience?
- What experience do you have and/or will you need to successfully implement the business plan?
- Why will you be successful in this venture?
- What needs to be done to translate this opportunity into a viable venture? * write more reasonsfor going into businesshereand if thisopportunityis sustainable
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