SOLUTION: ECOM 421 Alasala Colleges Business Strategies and Business Models Discussion

Attached. Please let me know if you have any questions or need revisions.1Business Strategies and Business ModelsStudent’s NameInstitutional AffiliationProfessor’s NameCourse NumberDate2Business Strategies and Business ModelsStarting a business is an easy task, but it doesn’t look very easy when an entrepreneurdoes not follow the right business protocols. A potential entrepreneur should conduct a thoroughanalysis before developing a reliable business idea (Ghouse et al., 2019). Business ideas shouldcontain concepts such as dealing with customers, marketing, and any other relevant businessactivity to ensure success. After completing my university education at SEU, I feel that huntingfor a job will consume my valuable time. Alternatively, doing office work from 8 am to 5:30 pmand earning a fixed salary will not be a good honor of my business skills. I need to exploit mybusiness skills and earn the required amount. The paper will provide a report of my potentialbusiness’s set-up and the strategies and models I will use to achieve my business goals.Business interest and descriptionI am interested in a restaurant business that deals in fast food products. During my freetime, I spend most of the time reading about fast-food restaurants globally and how they excel intheir businesses, and the strategies they use for international expansion. This continuedinteraction with fast food restaurant content has influenced my mind to explore this businessidea. I will name my upcoming business “International Fast Foods Restaurant.” The name willcome from the business’s main goal: to cross the borders and serve some of the most deliciousfoods in the world. International Fast Foods Restaurant will serve fast foods such as burgers andsandwiches, among many other fast foods. At its initial operation days, the restaurant will offertakeaways because of the minimal space to accommodate sit-in services. However, after sometime, I will find a suitable space where the restaurant will offer extended services likeentertainment, among other social services. This business’s location will be along any roads ofthe Central Business District (CBD) in Saudi to acquire c…

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