Business Idea
Individual project
-Five new business opportunities
Muchen Peng
201106366
Part A: Five new business opportunities
1. Creating a club of teaching people how to cook Chinese food in St. John’s
As far as I am concerned, majority of Canadians loves Chinese food because every time I go to Chinese restaurant in St. John’s, I could see natives eating Chinese food such as dumplings around me or taking out these foods from restaurant. One of my friend who come from Quebec also told me she loves Chinese food and her mother learn how to cooking it on websites. Besides this, Chinese students as me, after go aboard for studying, we must learn how to cook by ourselves. If we could find a chef to teach us, that will be more easy for us to learn. There are already have many cooking companies in China, but for people who do not live in China may difficult to find an appropriate place to learn cooking Chinese food and communicate with others who are interested in this as well. Thus, it may be a new business area of set up a Chinese cooking club. Company need hire an experienced senior chef form China, rent a house and buy at least one set of kitchen ware for teaching. Then create a regular schedule of teaching class; for example, teaching class could be twice a week on weekends. Company can make profit by charge the tuition fee of learning. Moreover, customers also can pay money to ask the chef come to their house to teach.The target market is the population who interested in Chinese food such as 28-year old above women, and low-middle income level families or above.
2. Setting up a website which collecting information from overseas students for parents whose children go abroad.
According to some reports about overseas study shows that there are around one hundred thousand population choose to go abroad annually in China. Due to the difficulty and complexity of grant a visa, student’s parents
-Five new business opportunities
Muchen Peng
201106366
Part A: Five new business opportunities
1. Creating a club of teaching people how to cook Chinese food in St. John’s
As far as I am concerned, majority of Canadians loves Chinese food because every time I go to Chinese restaurant in St. John’s, I could see natives eating Chinese food such as dumplings around me or taking out these foods from restaurant. One of my friend who come from Quebec also told me she loves Chinese food and her mother learn how to cooking it on websites. Besides this, Chinese students as me, after go aboard for studying, we must learn how to cook by ourselves. If we could find a chef to teach us, that will be more easy for us to learn. There are already have many cooking companies in China, but for people who do not live in China may difficult to find an appropriate place to learn cooking Chinese food and communicate with others who are interested in this as well. Thus, it may be a new business area of set up a Chinese cooking club. Company need hire an experienced senior chef form China, rent a house and buy at least one set of kitchen ware for teaching. Then create a regular schedule of teaching class; for example, teaching class could be twice a week on weekends. Company can make profit by charge the tuition fee of learning. Moreover, customers also can pay money to ask the chef come to their house to teach.The target market is the population who interested in Chinese food such as 28-year old above women, and low-middle income level families or above.
2. Setting up a website which collecting information from overseas students for parents whose children go abroad.
According to some reports about overseas study shows that there are around one hundred thousand population choose to go abroad annually in China. Due to the difficulty and complexity of grant a visa, student’s parents