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Assignment 1: You are an Entrepreneur!

Over the last century, convenience stores have provided a thriving service to local neighborhoods and community. Typically, corner stores are defined as neighborhoods retail shops that specialize in a limited selection of merchandise, such as milk, bread and other household necessities. Convenience stores are largely a cash based business conveniently located for quick in and out shopping and can be operated by one clerk. The consumer usually requires the services and products that the corner store offers on a daily, weekly or bi weekly basis. Corner stores provide quick checkout times, extended hours of business and very convenient locations. Convenient stores are considered mature industry and it is one of the powerful growing retail stores in United States of America.
To serve the customers and give them a great customer service with convenient merchandise and product and also generate greater revenue is the main focus of EZ convenient store. EZ LLC convenient store recognized a need for a store in the area after a community need. I conducted a resident’s survey asking about the need for a convenient store and the idea was overwhelmingly supported by the community. There are no such stores within two mile radius and the target market includes local resident both on and off reserve. EZ convenient store is looking for LLC members who have extensive retail experience in both grocery and sundry sales and have identified primary categories of product in this area includes lotto, dairy products, ATM, tobacco/cigarettes and food products.
EZ Convenience store will strive to provide superior customer service and the highest quality groceries at an affordable price, while operating as a profit and growth oriented business. Within next 12 months the company intends to expand into larger facilities with a wider product offering and

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