Opportunity Analysis of New Business Venture 03067 Essay

Opportunity Analysis of New Business Venture 03067 - Essay Example A major advantage of the photography business is the low barriers to entry. Additionally, the capital investments are also low as compared to other conventional business sectors. The manpower requirements are also little. Major investments in such a business category are primarily incurred in respect of technology such as procurement of highly efficient cameras (Bowman, 2012). The current paper analyses the feasibility of the new business venture ‘Clickpix’. Clickpix would be a professional photography studio, which expertises in still photography. The company would provide photography services for special occasions such as weddings, birthdays, anniversaries, corporate parties, baby shower and so on. It would also provide non occasional casual photography services. Apart from providing the photographs through albums and mails, the company would also provide services such as engraving and imprinting photographs upon different materials such as tiles, clothes, showpiece items, key rings, wall clocks, coffee mugs. Photo framing services in different and unique forms would also be provided. The company would facilitate its clients with customized photography and photo presentation services. Clickpix aims to specialize in portrait photography. The business would be to set up at a prime location in the city of Ottawa. Ottawa consists of the most ed ucated population of Canada and is considered to be the nation’s cultural hub. The standard of living in the nation is seen to be high leading to elevated income earning potency. Due to the existence of such high standards of living, residents of the city are used to luxurious living. Such factors are likely to create more opportunities for the growth of Clickpix as the spending power of the target population especially on luxury products and services is considerably high (Pomfret, 2013). Every business plan requires careful opportunity analysis so that suitable techniques can be

Executive Risk Assessment and PowerPoint Presentation (ERAP) Active Essay

Executive Risk Assessment and PowerPoint Presentation (ERAP) Active Shooter Norfolk Naval Base Norfolk, Virginia - Essay Example This research paper sought to present executive risk assessment of a fatal shooting that took place at the Gallery at Military Circle Mall. In particular, the paper carefully examined how the Norfolk Police responded to the active shooting that occurred at the mall where one man succumbed to death two days after being shot on the leg. The paper found out that the Norfolk police were adequately prepared, responded to the shooting in good time and provided first aid to the injured man. The paper provide a broad range of recommendations that can be employed by Norfolk police in order to boost their preparedness, response and rescue process in case a similar active shooting happens in the nearest future. In February 2014, a shooting took place at the Gallery at Military Circle Mall. The incidence occurred on Friday afternoon at around 1.00 p.m. The shooting was ignited by an argument that took place between several men inside the Military Circle Mall (West, 2014). It was reported that one of the gunmen involved in the argument took out his gun and shot another man on the leg. The injured man, Mr. Nottingham Johnnie, 21, was transported to Sentara Norfolk General Hospital and his injury was considered non-life threatening and was later released. Unfortunately, Nottingham Johnnie died from gun injuries two days later. Soon after the police were informed of the shooting, they arrived at the scene of the crime at around 1.10 p.m. but the main suspect had already left. The police positioned themselves at every entrance of the mall in order to reduce more traffic going to the mall. They also closed the nearby street and started searching around the area to look for suspects (West, 2014). The police made sure that there was no any other shooter still roaming the mall. The police apprehended several suspects. In addition, the police conducted photo line-ups and interviewed several witnesses in a bid to figure out what happened. The Norfolk police immediately started a