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Group members Henok Wondousen Helawie behailu Kedir kibret Maru molla 424/02 392/02 456/02 492/02
5/5/2012

Group 2

Entrepreneurship Creating a new venture 2012

Screening and selection of viable business idea

1) 2) 3) 4) 5)

Super market Photo Shop Software Gallery Shop Gymnasium Laundry

Selection of one best business idea Availability of Business ideas 1)Supermarket 2)Photo Shop 3)software Gallery shop 4)gymnasium 5)Laundry
Demand personnel tools Raw material total competitos Adjusted Total

(+) 3 4 3 4 3

(+) 5 5 5 4 5

(+) 4 4 4 3 4

(+) 4 4 5 3 4

(=) 16 17 17 14 16

(-) 3 4 2 3 3

(=) 13 13 15 11 13

So, because software gallery shop has a large adjusted total number we select it as one of the best business idea
SWOT analysis of the best business idea Strength weakness - Able to parches or buy full version - Have got the startup capital from software easily banks (borrowed) - Have a good starting capital - Have well professional employees - Can accept customers specific order(a customer can order a SW) Opportunities Threats - Is found in the middle of the city (is city - promotion about new SW and GS cantered) - Because SWs dont wear out ,no worry about expiration - there are no software gallery around G2sSGS

Entrepreneurship Creating a new venture 2012

Formalization of selected bushiness idea

Name of the business
G2 software gallery shop
G2 gallery shop is to provide sells of application software for its customers The customers are peoples how are interested in computer and at list should have a little bit knowledge about computers G2 gallery shop will sell the software in a gallery shop and the customers will come physically and buy the software they want G2 gallery shop will satisfy the application software need of its customers and also accept its customers specific order of software

Strength of G2 gallery shop

Its able to purchase or buy full version software easily Have a good start up capital Have a well professional employees Can accept customer specific ordered (a customer can ordered a software)

Weakness of G2 gallery shop

Have got the startup capital form bank(borrow)

Opportunity of G2 gallery shop

Is found in the middle of the city(is city centered ) Because softwares dont wear out ,no worry about expiration There are no many compotators round it

Threats of G2 software gallery shop

Promotion about new softwares and the gallery shop