Reserch Propersal
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01. Title Business opportunities in Pambahinna area. A study of recognizing potential business opportunities in Pambahinna area.
02. Background of the study Businesses are the key to success in any country in the world. Business helps people to live easily by providing necessary goods and services. The success of the business is to identify the best opportunity in right the first time. Successful entrepreneurs are very keen to identifying business opportunities. Business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location, before it can be claimed as a business opportunity. These four elements are: •
A need
•
The means to fulfill the need
•
A method to apply the means to fulfill the need and;
•
A method to benefit
With anyone of the elements missing, a business opportunity may be developed, by finding the missing element. The more unique the combination of the elements, the more unique the business opportunity. Pambahinna area is a rural village. Most of people are very poor farmers. The Pambahinna area is situated between 80° 43’– 80° 49’ Eastern longitude and 6° 40’–6° 47’ Northern latitude. The study area is situated within the Ratnapura district of the Sabaragamuwa Province and is located within 4 K.Talapitiya Pattuwa of the Imbulpe Divisional Secretariat.
1
This area is rapidly developing in Imbulpe divisional secretariat. In early one acre of land was 10000-20000 rupees, but it has grown up to over 30000 rupee per perch at present. Samanalawewa project (1986-1992) brought the first foot in developing this area. Roads, hospitals, schools, electricity and other facilities build in that time. After establishment of Sabaragamuwa University in 1991 brought new opportunity in development. There are about 2000 students and 200 academic and non academic staffs are living now. Most of them are coming from all around the country. This is the great opportunity people get to start business. Because all students and staffs are have to fulfill their requirements within available resources. Students and others have faced many difficulties in fulfilling their requirements. This is the main study area of research. Why people have not identified that they have opportunity to provide facilities to them and earn profit. One research has done in Recreational potential of the Belihuloya – Pambahinna area: A study of the rational allocation of the geographic resources for Tourism Development by K. V Deepani Edirisooriya Menike. She has identified that The BelihuloyaPambahinna area is very important tourist transit zone for domestic and foreign tourists who traverse the hill country and south coast areas. This area could be used as a stopover destination or for short holidays. . However she reviled that, the socio-economic conditions prevailing in the area prevent any enterprising venture into the tourist industry - what with low-income levels and average rate of literacy. The apparent disregard by the authorities aggravates the matter. This research covers only a potentiality about tourism sector. It is also a part of one business opportunity prevailing here. This research is going to potentiality of all business opportunities in Pambahinna area.
03. Research problem What are the potential business opportunities in Pabahinna area? A study of recognizing potential business opportunities in Pambahinna area.
04. Objectives 2
04.1 Primary objective Primary objective of this research is to examine potential business opportunities in Pambahinna area. 04.2 Secondary objectives •
How long entrepreneurs have identified business opportunities.
•
To identify what barriers are exist to identify those opportunities
•
How much they are capable to provide services to customers.
•
To built up good relationships with villages.
05. Methodology Since this area is very rural area but have very essential resources which not yet been used. There for as a first step I am going to do a SWOT analysis for the area. That wills helps to identify potential resources, threats and opportunities. The entire businessman’s in Pambahinna area are going to choose as part of population. Because they have identified opportunities well and have real experience in being here. Academic and non academic staffs of the University are also part of population. They are knowledgeable and have various experiences. University students are experiencing the different lifestyle here. They are the persons who felt this seriously when they fulfilling their requirements. There for they also part of the population. Imbulpe Pradehiya Shaba and divisional Secretariat officer are also including the population. As a government bodies they are planning and implementing development activities in this area. Purposive sample method is going to use under non probability sampling. Because it is required to gather relevant information from knowledgeable experience people. Interviews and questionnaire method intended to use. Questionnaire will be use for gather information from university students. Because it is easy to forward questionnaires to students. Semi structured Interview method is used for businessmen, a university staffs and government bodies. Further I am going to refer books, magazines, and other articles’ to gather secondary data. 3
After gathering relevant information from interviews, questionnaires and secondary data collection methods, it is evaluate and analyze. After that I will be able to find out what business opportunities available in Pambahinna area.
06. Limitations Following limitations were encountered while carrying out this research which does not permit this research to be very comprehensive as it could be. •
Lack of knowledge regarding business in people living here.
•
There is no acceptable method for identifying business opportunities.
•
Difficulty in obtaining relevant and updated statistical data
•
Absence of data from informal sectors business
07. Organizing of chapters Abbreviations 1.0 Introduction I.I Background
4
I.II Definitions I.III Methodology I.IV Objectives I.V Limitations 2.0 Results and discussions 3.0 Recommendations 4.0 Conclusion References Appendixes
References http://en.wikipedia.org/wiki/Business_opportunity Recreational potential of the Belihuloya – Pambahinna area: A study of the rational allocation of the geographic resources for Tourism Development, K. V Deepani Edirisooriya Menike,( 2005) Sabaragamuwa University Journal, vol 5
5
02. Background of the study Businesses are the key to success in any country in the world. Business helps people to live easily by providing necessary goods and services. The success of the business is to identify the best opportunity in right the first time. Successful entrepreneurs are very keen to identifying business opportunities. Business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location, before it can be claimed as a business opportunity. These four elements are: •
A need
•
The means to fulfill the need
•
A method to apply the means to fulfill the need and;
•
A method to benefit
With anyone of the elements missing, a business opportunity may be developed, by finding the missing element. The more unique the combination of the elements, the more unique the business opportunity. Pambahinna area is a rural village. Most of people are very poor farmers. The Pambahinna area is situated between 80° 43’– 80° 49’ Eastern longitude and 6° 40’–6° 47’ Northern latitude. The study area is situated within the Ratnapura district of the Sabaragamuwa Province and is located within 4 K.Talapitiya Pattuwa of the Imbulpe Divisional Secretariat.
1
This area is rapidly developing in Imbulpe divisional secretariat. In early one acre of land was 10000-20000 rupees, but it has grown up to over 30000 rupee per perch at present. Samanalawewa project (1986-1992) brought the first foot in developing this area. Roads, hospitals, schools, electricity and other facilities build in that time. After establishment of Sabaragamuwa University in 1991 brought new opportunity in development. There are about 2000 students and 200 academic and non academic staffs are living now. Most of them are coming from all around the country. This is the great opportunity people get to start business. Because all students and staffs are have to fulfill their requirements within available resources. Students and others have faced many difficulties in fulfilling their requirements. This is the main study area of research. Why people have not identified that they have opportunity to provide facilities to them and earn profit. One research has done in Recreational potential of the Belihuloya – Pambahinna area: A study of the rational allocation of the geographic resources for Tourism Development by K. V Deepani Edirisooriya Menike. She has identified that The BelihuloyaPambahinna area is very important tourist transit zone for domestic and foreign tourists who traverse the hill country and south coast areas. This area could be used as a stopover destination or for short holidays. . However she reviled that, the socio-economic conditions prevailing in the area prevent any enterprising venture into the tourist industry - what with low-income levels and average rate of literacy. The apparent disregard by the authorities aggravates the matter. This research covers only a potentiality about tourism sector. It is also a part of one business opportunity prevailing here. This research is going to potentiality of all business opportunities in Pambahinna area.
03. Research problem What are the potential business opportunities in Pabahinna area? A study of recognizing potential business opportunities in Pambahinna area.
04. Objectives 2
04.1 Primary objective Primary objective of this research is to examine potential business opportunities in Pambahinna area. 04.2 Secondary objectives •
How long entrepreneurs have identified business opportunities.
•
To identify what barriers are exist to identify those opportunities
•
How much they are capable to provide services to customers.
•
To built up good relationships with villages.
05. Methodology Since this area is very rural area but have very essential resources which not yet been used. There for as a first step I am going to do a SWOT analysis for the area. That wills helps to identify potential resources, threats and opportunities. The entire businessman’s in Pambahinna area are going to choose as part of population. Because they have identified opportunities well and have real experience in being here. Academic and non academic staffs of the University are also part of population. They are knowledgeable and have various experiences. University students are experiencing the different lifestyle here. They are the persons who felt this seriously when they fulfilling their requirements. There for they also part of the population. Imbulpe Pradehiya Shaba and divisional Secretariat officer are also including the population. As a government bodies they are planning and implementing development activities in this area. Purposive sample method is going to use under non probability sampling. Because it is required to gather relevant information from knowledgeable experience people. Interviews and questionnaire method intended to use. Questionnaire will be use for gather information from university students. Because it is easy to forward questionnaires to students. Semi structured Interview method is used for businessmen, a university staffs and government bodies. Further I am going to refer books, magazines, and other articles’ to gather secondary data. 3
After gathering relevant information from interviews, questionnaires and secondary data collection methods, it is evaluate and analyze. After that I will be able to find out what business opportunities available in Pambahinna area.
06. Limitations Following limitations were encountered while carrying out this research which does not permit this research to be very comprehensive as it could be. •
Lack of knowledge regarding business in people living here.
•
There is no acceptable method for identifying business opportunities.
•
Difficulty in obtaining relevant and updated statistical data
•
Absence of data from informal sectors business
07. Organizing of chapters Abbreviations 1.0 Introduction I.I Background
4
I.II Definitions I.III Methodology I.IV Objectives I.V Limitations 2.0 Results and discussions 3.0 Recommendations 4.0 Conclusion References Appendixes
References http://en.wikipedia.org/wiki/Business_opportunity Recreational potential of the Belihuloya – Pambahinna area: A study of the rational allocation of the geographic resources for Tourism Development, K. V Deepani Edirisooriya Menike,( 2005) Sabaragamuwa University Journal, vol 5
5
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