We will continue to introduce various businesses that facilitate a “blue ocean” for investors’ aspirations after undertaking the requisite SWOT analysis.
Did you know that you can engage in a unique business that targets a neglected market segment (niche), such as plus size shoes for women?
Another option is to conceptualize business delivery model to leverage on technology and changing trends. An example is an online bank (no brick and mortar aka “branches”) or a delivery only supermarket.
The Business Modelling Canvas is invaluable in validating the business plan and will guide documentation for the preparation of business plans for potential stakeholders including investors and lenders,
Experience Tourism
Tourists are looking for “experiences” in all destinations they visit. You can create a “must see” location on an itinerary, owned by you or even become the manager for others’ offerings!!
Agricultural Tourism
(Agritourism)
Agricultural Tourism (agritourism) is a major type of “experience” tourism focussing on education, catering (farm to plate), accommodation (farm stays) and entertainment.