Steps.

1. develop a business plan

2. save money to build the app

3. look for app developer to develop the app

4. etc.

Step 1 need to rent a shop

2 need to buy the cheapest shoes to make profit

step one online research

Various steps to takes

steps

Research the market. to consider the market for the food, what competitors are doing and what my customers want.

Choose a business structure,

Register the business

find a location

develop a menu

source ingredient

set up my kitchen

get licenses and permit

develop a business plan

create a brand

promote my business

how:

where:

who: elder age 60 above.

when: Now and to finish due date for my assessment.

why:

for a new business venture?

how: rent a room

where: birmingham

who: age 2 to 10

when: after

why

how:

where:

who:

when:

why:

online business for speakers and electrical cables

Potential Customers:

Reason: because i will be able to sell shares to increase the capacity of the business.

I won't be liable for the debt of the enterprise.

How

Who

When

Why

How

Who

When

Why

Local Reginal Area

Online

Customer:

Females and kids

Potential customer: customer I am target will be the young kids age 12-26 because there will be the the one to buy my Clark shoes

Local Reginal Area - Birmingham

Customers:

Young Children - age over 2years old

Local community, schools, churches

Potential Customers:

All ages. Both young and old

Reason it’s easy and inexpensive to set up

You don’t have to answer to partners or shareholders

Reason is because it's easy to create and it is the least regulated format of business ownership also Tax on business profit owners must file an annual self Assessment Tax return every year.

Reason: my reason to register this company with the gov so I can do my tax return year so I c as n see my profit

Reason because i am looking for simple low cost way to set up my business and taxation is straightforward as I report earning as personal income

Geographic - Birmingham, leicester

Geo seg - Birmingham

Behaviour segmentation. Both rich and average people.

Geographic segmentation. Wolverhampton and West Midlands

Behavioural segmentation....for couples singles..for all incomes from working class to high earners ....psychographic.......for individual tastes hobbies and values and beliefs....

Geographic .....areas Birmingham Handsworth lozells and surrounding areas.

Geographic country worldwide.

Region birmingham

Psychographic personality for music groups who will buy cables speakers.

Behavioural usage rate billions

Location- Leicester

Age- 18 - 35

Gender- Male/ female

Income- based on families income students based on their families income.

Education- segmentation can be based on the type of education ( graduate, undergraduate ,international students).

2- Geographic segmentation:

-Country/ city-

some student preferred accommodation closer to university campus.

Regional/international student: different accommodation chooses from diverse community

3

3- Psychographic segmentation:

• Lifestyle/social - students preferred quieter or porch higher near city center area.

4- behavioural segmentation:

• Price- students preferred price or cheaper accommodation

• Duration of stay- students agreed their contract of duration stay 1 year or 3 year.

• 
  

Political changes by government regulations petrol, gas, and electric rates changes affect on business external factors.

Example- people using social media to discuss product and services. Also affects on my business plan people wants upgraded refurbishment flats and good maintenance services. Also online website pictures and features they seen and after they decided,

etc.

Outsource of Technological functions in my enterprise

Generative AI improve my customer experience

etc

Example- my business students accommodation affects on website loading speed and reduce price as provide great scheme and offers for rent.

Environmental factors affect on my business such as increase price of insurance rates affects on student budget and on rent

climate change

etc.

Privacy of my customer

Health and safety

etc

Its affects on my business on changes law and policies term of yearly contract and privacy of students data also follow health and safety such as fire exit alarms and boiler certification