International Expansion Strategy for Hivenue

Open
Hivenue
Montréal, Québec, Canada
Nassim Bahloul
CEO
(8)
4
Project
Academic experience
250 hours of work total
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Operations Project management Competitive analysis Market expansion
Skills
process optimization operational efficiency business process market analysis business planning strategic planning strategic roadmaps international business market research operations
Details

Hivenue, a company specializing in co-living services, aims to expand its operations beyond Quebec. The project focuses on developing a comprehensive international business plan to facilitate this expansion. The primary goal is to identify new markets and optimize business processes to enhance operational efficiency. Learners will conduct market research to identify potential regions for expansion, analyze competitors, and assess cultural and economic factors that may impact Hivenue's services. The project will also involve evaluating current business processes and proposing improvements to streamline operations. By applying classroom knowledge in international business and strategic planning, learners will gain practical experience in developing a business plan tailored to global expansion.

Deliverables

The project deliverables will include a detailed international business plan for Hivenue's expansion. This plan will encompass market analysis reports, competitor assessments, and recommendations for process optimization. Additionally, learners will provide a strategic roadmap outlining steps for entering new markets. The final deliverable will be a presentation summarizing key findings and proposed strategies.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes
Sustainable cities and communities

About the company

Company
Montréal, Québec, Canada
2 - 10 employees
Hospitality, Real estate
Representation
Minority-Owned Community-Focused

AI-powered home rental platform that offers personalized living experiences by matching roommates with homes based on their lifestyle, interests, and personality.