A new retail outlet
My interpretation of this brief is that I am to look at the prospects of success that a new retail outlet has in my area (Cumbria). In order to assess the prospects of a fictional retail outlet it is necessary to create a business plan as would be the case with a real business. A business plan must include information and analysis of the following:I n which Cumbrian town a new retail outlet would have the best chance of success. Including an analysis of the advantages and disadvantages of locating a new retail outlet in a number of Cumbrian towns specific to the market in which the new retail outlet will be in.
Research ~ the desk and field research that is required in order to assess the prospects of success for the new retail outlet n the Cumbrian town which will have been determined by the location part of the business plan. Results ~ an analysis of the information obtained by the research part of the business plan. A breakdown of how this information this information depicts the prospects that a new business would have in the area in which the research was conducted.
How they suggest the business would be
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