You have just graduate and a foreign friend of your family want to go into business with you. He agrees to provide all the capital for a new business to be located very near your university. As part of the agreement, he wants a complete business report in English assessing the business prospect near the university. Particularly, he wants to know what kind of business would have the best potential of success, how much rents for business premises are in the area and specifically where, near the university, the business should be located.

For this report you need to:

1. Survey students, staff and local business people and determine what sort of business might be successful.

2. Determine how much rents are and where the business could be located.

3. Collate the information from your survey. Write about it and make illustrations.

4. Write a complete business report using the information you have gathered.

5. Turn in the report no later than the last day of classes for this term.

SUGGESTIONS

1. Brainstorm about what sort of businesses the area might need.
2. Develop a questionnaire that will help determine what kind of business students, staff and business people might want.
3. Interview people in the area about their thoughts and preferences.
4. Contact landlords in reference to rents.
5. Assume that money for the project, within reason, is not an object. Your friend is willing to invest a million baht or more.
6. The business should not be something that requires special credentials – e.g., doctor’s office or pharmacy.
7. Your recommendation should be as specific a possible. For example, do not recommend a restaurant, but rather something like a Japanese restaurant specializing in vegetarian food.

For the major sections of a Business Report, click here.