A Business Lab is a practical, hands-on environment where students, entrepreneurs, or professionals can simulate and experiment with business scenarios, strategies, and decision-making processes. Often found in business schools or innovation hubs, a Business Lab provides a controlled space for participants to apply theoretical knowledge to real-world challenges
In a Business Lab, individuals or teams may work on projects like developing business plans, testing marketing strategies, analyzing market trends, or simulating financial scenarios. It often incorporates technology, software tools, and case studies to help participants better understand business dynamics, risk management, and operational efficiencies
