Eunoia Executive Summary

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Business partnerships help create more avenues for Eunoia to walk through in the vending and online world . This collaboration with like minded entrepreneurs can create lasting business relationships and expand the Eunoia business to other customers in other markets. This recommendation for market development helps to grasp growth and expansion in a easier and more affordable way for a small business starting out. Just like joint venture for other big corporations building a team is important especially when a company is just starting out and needs to build those essential networking relationships with the government, customers and other businesses. The cost of this is essential low for the Eunoia business, if it is vending at a fair the costs …show more content…
The art class could be directed or free style for the customer but essential oil education would be available and also well as more essential oil classes will be hosted to increase customer traffic and raise brand awareness. The cost to the business would be an investment of approximately $100 to start the class to get the art supplies and essential oils.
Vending At Seasonal Markets And Fairs
Vending at as many fairs and markets as possible around the edmonton area is important for the successful market developmen low table fee of approximately $25 would be most effective at gaining customer interactions, increasing sales, and create valuable networking. Vending is an effective way to advertise the business and easily collect emails through draws. “Economic theory suggests that businesses that serve their local markets may be able to gain competitive advantages by being able to respond quickly to customers and having access to networks and community support systems” (Papadaki and Chami, 2002).Vending at fairs is a good way to gain fast cash and also importantly create and boost brand awareness within communities and build

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