0717513144 MNE2601 2023
DISCLAIMER
The MNE2601 assignment 3 2023 is a generic document that allows students to compile
their own assignment. Those who need further assistance must contact the given
details:
CONTACT NUMBER:
071 751 3144
EMAIL
1
, 0717513144 MNE2601 2023
Feasibility analysis of a business idea: Integrated Subsistence Horticulture
Product/Service feasibility
Integrated Subsistence Horticulture is a business initiative ignited by young people in
Limpopo Province. The initiative will be 100% owned by young people within the
marginal areas of Limpopo province. Strategic partnerships on service and distribution
will be established with established retailers such as Shoprite, Woolworths, Pick n Pay,
Foodlovers and other small scale retailers around the province.
Aim
This initiative seeks to commercialise and create market for produces of young people
in Limpopo Provinces. Due to subsistence level of operation, young people in the
province have failed to draw meaningful value from their activities and this has been
partly due to lack of structural and funding support as well as absence of enterprise
skills. The initiative thus seeks to pool the resources of these young people, joint create
market for their products as well as bringing together skills among them. To the
consumers, the initiative will increase availability of affordable goods.
Steps
A call will be made to different you people in the province for the initiative. Each young
person will contribute arable land of at least half a hectare with the target of a minimum
of 100 hectares in total. This land will be registered as common pooled resource and
an assessment will be made of the possible horticulture products to be produced.
Members with specialist skills such as agronomy, bookkeeping and others will be
identified, and gaps will be filled by external members whose contribution will be
denominated in their services. Market research will be conducted to determine if there
is a need for this venture however as well as the proposed product. A concept test will
be undertaken as well and develop the model. The feedback gathered will be used to
determine whether or not to proceed with the business idea.
2
DISCLAIMER
The MNE2601 assignment 3 2023 is a generic document that allows students to compile
their own assignment. Those who need further assistance must contact the given
details:
CONTACT NUMBER:
071 751 3144
1
, 0717513144 MNE2601 2023
Feasibility analysis of a business idea: Integrated Subsistence Horticulture
Product/Service feasibility
Integrated Subsistence Horticulture is a business initiative ignited by young people in
Limpopo Province. The initiative will be 100% owned by young people within the
marginal areas of Limpopo province. Strategic partnerships on service and distribution
will be established with established retailers such as Shoprite, Woolworths, Pick n Pay,
Foodlovers and other small scale retailers around the province.
Aim
This initiative seeks to commercialise and create market for produces of young people
in Limpopo Provinces. Due to subsistence level of operation, young people in the
province have failed to draw meaningful value from their activities and this has been
partly due to lack of structural and funding support as well as absence of enterprise
skills. The initiative thus seeks to pool the resources of these young people, joint create
market for their products as well as bringing together skills among them. To the
consumers, the initiative will increase availability of affordable goods.
Steps
A call will be made to different you people in the province for the initiative. Each young
person will contribute arable land of at least half a hectare with the target of a minimum
of 100 hectares in total. This land will be registered as common pooled resource and
an assessment will be made of the possible horticulture products to be produced.
Members with specialist skills such as agronomy, bookkeeping and others will be
identified, and gaps will be filled by external members whose contribution will be
denominated in their services. Market research will be conducted to determine if there
is a need for this venture however as well as the proposed product. A concept test will
be undertaken as well and develop the model. The feedback gathered will be used to
determine whether or not to proceed with the business idea.
2
