Actnovate Inc. is looking to expand its portfolio by venturing into the arts sector through online business models. The goal of this project is to conduct comprehensive research on potential online companies that can be established within the arts sector. The project will involve identifying market trends, analyzing successful case studies, and evaluating the feasibility of various business models. Learners will apply their classroom knowledge in market research, business analysis, and strategic planning to provide actionable insights. This project will help Actnovate Inc. understand the landscape of the arts sector and identify viable opportunities for online business ventures.

Key tasks include:

- Conducting market research to identify trends and demands in the online arts sector.

- Analyzing case studies of successful online arts companies.

- Evaluating different business models for feasibility and profitability.

- Providing strategic recommendations based on research findings.

The deliverables for this project will include a comprehensive research report and a presentation summarizing the findings. The report should cover market trends, case study analyses, and feasibility evaluations of various business models. The presentation should highlight key insights and strategic recommendations for Actnovate Inc. to consider when entering the online arts sector.

Specific deliverables:

- A detailed research report (15-20 pages) with market analysis, case studies, and business model evaluations.

- A PowerPoint presentation (10-15 slides) summarizing the research findings and strategic recommendations.

- An executive summary (1-2 pages) highlighting the key points from the research report.