Chapter 3 Business Ideas and Opportunities – Activity

Kagoma is an island on Lake Victoria in Uganda. Recently it was found out that there is gold within the area. Many business people and tourists started to flock to the island which has led to the growth of its population. Despite the growing population, there are limited facilities to cater for their well-being. Kato, a young entrepreneur, visited the island and identified many business opportunities he could venture in.

Task:

Fig 3.3.5: Showing part of Kagoma island

As a student of Entrepreneurship,

1. Identify business opportunities at Kagoma island.

2. Create a write up advising Kato on the factors he would consider while choosing a business opportunity on Kagoma Island.