As a part of an Entrepreneurship project, the commerce students of your school recently launched a project called Oatlicious . They not only set up a company to produce the product but also designed its advertising and marketing strategy. Write a report in about 150-200 words for your school magazine giving details of the enterprise and its launch. You are ravi/ reeta of Salwan public school, Delhi
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Answer:the hundreds of thousands of business ventures that entrepreneurs launch every year, many never get off the ground. Others fizzle after spectacular rocket starts.
A six-year-old condiment company has attracted loyal customers but has achieved less than $500,000 in sales. The company’s gross margins can’t cover its overhead or provide adequate incomes for the founder and the family members who participate in the business. Additional growth will require a huge capital infusion, but investors and potential buyers aren’t keen on small, marginally profitable ventures, and the family has exhausted its resources.
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