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Business Plan In India

   

Added on  2020-10-05

11 Pages2833 Words253 Views
Business plan
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Table of ContentsINTRODUCTION...........................................................................................................................1Task 1 ...........................................................................................................................................11. Business Information...............................................................................................................1Task 2...............................................................................................................................................3Primary, secondary, quantitative and qualitative research .......................................................3Task 3...............................................................................................................................................4Solution of ethical dilemma.........................................................................................................4Task4 ...............................................................................................................................................5Equality and diversity law...........................................................................................................5Rights of employees ....................................................................................................................5Task5................................................................................................................................................6Assets liabilities gains and expenses ..........................................................................................6CONCLUSION................................................................................................................................7......................................................................................................................................................7REFERENCE...................................................................................................................................8
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INTRODUCTIONIn present scenario mostly person are interested to run their own business that makesdifferent from others. Business includes an activity that runs by a business concern who haveknowledge and experience to do. For doing business a person should have enough capital andresources to start a business that give a confidence and ideas to be sustain at market place (Arntz-Gray, 2016). The main purpose of this report is to understand how to start a business and whatare needs to start a business. Moreover, this report will covered a small business idea on Fragrantcandles that is creative business ideas prepares from wastes that attract customers. This reportwill covered location, industry, business model and visual identity that helps to promote abusiness socially, equality and diversity growth of business activities. Any business need to gethelp of primary and secondary research that give information demands and expectation ofcustomer that helps to develop a business with the help of market research (Berends and et.al.,2016). Task 1 1. Business InformationStory/Industry: Rose candle is a small craft candle which aims to serve fragrant candlesin UK's high street there number of shops are available. A market research shows attractive anddesigning candles are high demanded product at market place. It shows an interest of people todecorate homes at festival and other celebration day. This idea was taken from childhood asinterested in drawing and using wastes material that helps to innovate new things to decoratehomes with different and colourful lights. According to this business idea annual sales has risen£5.2 billion and expected to grow more in upcoming years. From this innovative idea home canbe decorate perfect by increasing sales. Location: It has been analysed through market research that the best location to start afragrant candle business is UK's high street that is London where number of population areliving. Target customer: A rapidly research on social media, Instagram and twitter has statedthat youngster and women are mostly interested to buy innovative products and also interestedto see posted images of home decor candles, therefore the market and women customer should1
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