You are one of three individuals who are going into business together in New York City. You plan on running a for-profit business aimed at servicing the human resource needs of fast-food franchises. The service uses computer software and online resources to screen job seekers for your clients, the restaurant managers. As part of your final applicant screening process, you have the managers give you a set of questions that are e-mailed to the applicants. The applicant’s answers are then sent to the manager, and he or she takes the hiring process from there. You plan on growing the business to a national level.
You are busy writing the business proposal; provide the answers to the following questions:
•What is the business opportunity?
•What is the business objective?
•Where will the business be located?
You are starting the feasibility study for this business. You may use materials from week 1 and week 2 for the study. Provide answers for the following questions:
•Who are the competitors? Please provide 2 competitors.
•Who is the target audience?