Reference no: EM133512785

Question: The business idea is to start a Handyman, window/door/locks as well as locksmith sales and repair services in Toronto, Ontario. For that,

• define the business plan in terms of a product/service description,

• identify the potential target market,

• identify the benefits of the product/service, and

• please give a concept statement After that, please describe how the industry is organized and how companies in the marketplace compete,

• identify problems and concerns consumers have with the competitors, and different ways it can be marketed to the customers. Also, include different approaches to get more leads and customers ( some strategy which can be used)

• describe the barriers to entry a new venture faces and ways to overcome these. Please make sure that the concept statement is gave in least a page long and it covers the following information about the business as well.

1. Product or Service description that details the features of the product or service

2. Target Market description listing the consumers or businesses who are expected to buy the product or service

3. Identify the benefits or value of the products or service and how this will add value or solve a problem

4. Identify the management team you will assemble. Please note that the whole work needs to be at least two and a half pages long and give some of the leads to the roots of your research as well.