Gator Blog

8A – Solving The Problem ENT3003 Chris Ward             Solving the problem of no local coffee shop is fairly easy for someone with barista experience.   Some problems with opening a new shop in the area will be finding the right location for a decent cost and whether to build or lease a space.   The owner may also have issues with supplies and equipment.                No coffee shop currently exists in the area so there is no competition yet, but if the shop is successful in the area it will likely draw in competitors.   There is a lot more to opening a coffee shop than the few issues I mentioned but if it is done properly the need for a local coffee shop will be solved.

7A – Testing the Hypothesis, Part 1 ENT3003 Chris Ward Local Coffee Shop Opportunity: There is a need for a small locally owned coffee shop in the area of my home. ·        The Who:   People on their way to work ·        The What: People in need of a coffee for their ride into work ·        The Why: Many people drink coffee and want a better option than homemade. Testing the Who: People in my local area who leave for work wanting to pick up coffee for the drive in.   There may also be a need for people driving through the area at any time of day. Testing the What: Coffee may not be the only need that can be satisfied by a local coffee shop.   There may also be a need for a small breakfast.   Testing the Why:   People driving to work in the morning need another option than homemade coffee.   People may also want a light breakfast.   Betwe...

6A – Identifying Opportunities in Economic & Regulatory Trends ENT3003 Chris Ward 1.      U.S. Manufacturers Ramp Up Production Despite Flagging Exports a)      Wallstreet Journal b)      There may be an opportunity for local businesses in towns with large manufacturing facilities. c)      Customers to these local businesses would be manufacturing employees.   There may be an increase in employment at these facilities if the trend continues. d)      It would be easy to exploit for businesses that already exist.   For a business to try to open during this trend it may be too difficult. e)      My first job out of college was with a manufacturing facility in a small town.   During my employment I saw a dramatic decrease in the number of employees and watched as many businesses who relied on them close.   I believe if the tre...