Index number : 3773418
ABM 456 - Entrepreneurship
Assignment 1
Business opportunity : Supply fruits and vegetables.
This business is going to supply fruits and vegetables to vendors and retailers in Ashanti, Greater
Accra, and Eastern region of Ghana. Produce will be acquired in it’s fresh and natural state straight
from the farmers and transported to the various locations stated above.
Timely : The constant and consistent supply of fruits and vegetables in the required quantities in
these areas are a problem. Gathering food stuffs from various farm is going to solve this problem.
Feasible : With the help of 5 transport vans
which is owned by the business, the food stuffs are going to be delivered on time and in right or
desired quantity and quality.
Important : Friuts and vegetables vendors and retailers face the problem of regular supply of
produce which is bringing down their market and profit. This business will solve that problem.b
Profitable : This business is going to make fruits and vegetables vendors, retailers and sellers
increase their market share once again thereby maximizing their profit. Therefore this business is
going to be profitable.
Context : Fruits and vegetables is consumed by people of anykind of social class and religious groups.
There are favorable conditions concerning the supply of fruits and vegetables in the country.
The characteristics stated above implies that this business opportunity is an attractive one.