Wednesday, 26 November 2014

P2 Explain how current trends will impact on a start-up business (leaflet or report format)


Start-up businesses are influenced by a number of different factors. For a business to become successful, they must understand: 

Research and comment on your sources of information for each of the following:

·         Social trends- healthy eating, exercising
·         Technology trends- use of social networking, QR codes
·         Ethical trends- Fair trade, recycling, against child labour in third world companies
·         Environmental trends- global warming, deforestation etc….

Use examples from each trend to explain how these will impact on your start-up business

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