A similar business in this industry record steady and rapid growth in and development in sales and operations continuously. With better service provision, the product is likely to attract more revenue.
Entrepreneurial Readiness
The business is ready for operation because of the availability of different factors essential to its success. Availability of individual skills necessary to ensure the effective functioning of the system is a major strength in determining the readiness of the business. Besides, the firm has ready and sufficient employees required in different sectors of the chain, including suppliers and the delivery team. It has sufficient delivery methods which include vehicles and motorcycles. The effects of globalization are a factor indicating the readiness of the market. Today, businesses are conducted globally with the aid of the internet. Therefore, there are fewer chances for failure because the organization does not expect a limited market but instead a vast market from different continents. The startup firm has created links with several shipping companies allowing reduced shipping costs and the safety of the goods transported to foreign consumers. With better services and increased efficiency, the organization is likely to achieve stable growth within a period of two years. The business idea does not need modification due to the perceived benefits. However, chances for modifications might exist after the idea has been implemented and the results obtained. It is crucial for any organization to include change initiatives due to the transforming trends in market and technology.