Select a business idea from the list provided in folder five and write a memo outlining what your business idea is, the exact address where it will be located, whether the neighborhood is commercial, residential or mixed-use.

Unit Five Readings & Your Business Plan Source Memorandum

1.       You write a memo similar to the example shared in your Blackboard folders five and six, describing what your research has shown.

2. Select a business idea from the list provided in folder five and write a memo outlining what your business idea is, the exact address where it will be located, whether the neighborhood is commercial, residential or mixed-use.

3. Identify who your customers will be. Do they live, work or visit the area? What are their ethnicities? Annual household income? Discretionary income? Spending habits?

4. What are the names and exact addresses of your competitors? Why will people choose your restaurant instead of the competitors?

5.  Cite four to 10 sources in your paper and then list 10 sources at the end of your paper.

Select a business idea from the list provided in folder five and write a memo outlining what your business idea is, the exact address where it will be located, whether the neighborhood is commercial, residential or mixed-use.
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