Module 2: Additional Activities: Answer the following questions below: If you will become an entrepreneur: What is the nature of your business? Who are your customers? What industry are you operating? How much is your starting capital? How many years in operation? ► How much manpower involved from the start of operation?
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To become an entrepreneur I would like to start a bookstore.
To become an entrepreneur I will start a bookstore. The nature of my business will be selling all types of books, including fiction, non-fiction, textbooks, and children's books.
The targeted customers for my bookstore would include book lovers of all ages, students, and educators. The industry that I would be operating in is the retail industry, specifically in the book retail segment.
The capital will depend on the size of the bookstore, the location, and the inventory. I estimate that I would need around 50, 000 to 1,00,000 to start the business.
In terms of the years in operation, I would aim to make my bookstore a long-term venture. I will operate the business for at least 5-10 years, with plans to expand.
Regarding the manpower involved in the start of the operation, I would need a small team of employees to help manage the store, including sales associates, cashiers, and inventory managers. Initially, I would aim to hire around 3-5 employees.
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