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If I could start my own business it would provide goods like snack products. It would include chips, candies, chocolate, and more. It would be a store in Times Square, Causeway Bay in Hong Kong. I have chosen this particular location because Times Square is the most popular shopping mall in Hong Kong.
There would be no specific targets of customers as everyone would like a snack after all the shopping they have done in this humongous shopping mall. I would promote my business by advertising on TV, YouTube, Social Media Platforms, and more.
My main competitors are other snack shops and supermarkets. Since our snacks are more affordable for people, they would be more likely to buy our products. My products are better than my competitors because we offer jumbo-size snacks at low prices that are resealable and recyclable. It would contain no chemicals and have healthy ingredients, at the same time, it is delicious too!
I would need to rent the space in Times Square and pay wages to my staff. I would just hire one shopkeeper to manage the store. On average our products would not go over HKD 20. The name of my store is ERNIE’S SNACKS.