Order InstructionsThe first step is to complete your market research in Week 2 and create a new company that can be a sole proprietorship. This will be a business you can start with minimal capital, and the intent is to own and operate it indefinitely, so selling the company is not a consideration.Here is a list of some business examples.*Custom T-shirts*For this Market Research assignment, you will be finalizing the selection of your sole proprietorship. Here are the steps required for this assignment:Identify a business type that is of interest to you. * custom t shirts* Please answer the following questions in your paper using research.Conduct research using [insert text/library] to better understand the regulations and requirements necessary to open a sole proprietorship in your area of interest.Provide a detailed description of the product(s) or service(s) your chosen business offers to the market and answer the following questions:What benefits to the market does your product or service provide?How is your approach better than the competition?Submit your sole proprietorship selection for the final Course Project and the answers to the questions above to your professor in a 2 – 3 page paper.
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