Venture Concept No. 1

Opportunity

My opportunity would be for service employees in the Central Florida area. From there I would like to start the opportunity in all the major cities in Florida, with plans to work into the entire state of Florida if the opportunity is a success. That would include employees that work for a restaurant, hotel, resort, bar, nightclub, lounge or any business that requires an employee to provide service to a customer. Yes, it would be open to all service employees, though some employees might not find the need for the opportunity that I am providing. The opportunity is for those potential employees to have a voice when it comes to wages and fair employment acts. Such as being wrongfully disciplined or discharged from a position without merit. Also, the opportunity will provide benefits to the clients, such as health and life insurance as well as vacation and sick time off paid.  The changes in the work environment for this opportunity is that the employees will be more at ease working because of the backing they will receive if they make a small mistake at work and find themselves unduly disciplined and/or discharged for such a minor offense. There is not a service of this caliber currently in the state of Florida. I believe if this opportunity were a success that the clients would be very faithful to it and stay with the opportunity for the length of their working career. (in the service industry) This opportunity would be very large as there are thousands of service employees within the state of Florida, being that Florida is one of the largest states for tourism and catering to others. The window for this opportunity will always be open as there is always a need for helping others.

Innovation

My business will be a great benefit to service employees. It is to Unionize the service industry. It will give them some backing when it comes to disputes with an employer as well as making sure that the employees are treated fairly with fair compensation and benefits for the position they are in. This will ensure the clients that they have a voice and do not need to walk on pins and needles (so to speak) while working which in turn will help them to concentrate on the job at hand. They will know that if for any reason they are disciplined or discharged for a minor offense that they will have someone to turn to for help and that help can go to the employer and come to an understanding that could possibly turn the events around and benefit both the employer and the employee. The cost of the Union would be fair and even across the board. No one person would have to pay more than any other. To start with there would be an initial fee to join the Union of $100. Then each client would pay a maintenance fee each month of $35.

Venture Concept

They would care because the state of Florida is a “Right-to-work” state. Which means that one can be fired or released for any reason what so ever. As a Union employee one would have protection from such actions. The service would provide leverage for the employee to stand up to the employer and demand a valid reason or force the employer to reinstate the employee. Employees want fair wages and benefits. I believe many of the service employees would want this type of service to themselves. Getting them to sign up might be a little difficult at first because of the fear of retaliation from the employers. The employers are not going to like the idea that they can no longer have the right to discipline an employee any way they see fit. They will lose some of their control over employees and will not like the change. Change is always scary to people, especially corporations that see it as a direct blow to their working culture and business. No one like others to tell them how to operate their business. The roles in this type of opportunity would change with the business itself. As the business grew so would the roles such as new management for new areas.

My greatest resource is that there is nothing like this in the state of Florida, where an employee can get backing and actually get some type of leverage to help them. There are other organizations out there, but nothing with any backbone. I believe this business plan fits together well. The only flaw I could see coming up would be that the employees are reluctant to join for fear of retaliation from an employer. Hopefully, they will understand that this is what the service to intended to do away with “Fear” of an employer. The employers will also be against it as it will ultimately set them back financially as well as take some of the power away from them. All in all, the concept is good. (there will always be the fear that comes with going against an employer, especially in this state) I see this venture going statewide and then possibly into other states, especially the right-to-work states where there is no protection for service employees. First along the east coast and then towards the west coast to incorporate the entire nation where this type of opportunity would be of use. This would be the first of many ventures for me. Once this opportunity was started and running on its own, I would venture into more profitable opportunities that I could make a greater financial downfall then this one. This first opportunity is a non-for-profit venture. This would be a perfect starting point for me in that it would not require a whole lot of risk, but the payoff (in particle terms) would be huge. I would be able to learn some very valuable lesson in starting and running this type of venture as my first one. This class is very awesome.