Business Management: Developing an Online Car Washing Business

This presentation discusses the business canvas model and its application in developing a new online car washing business. It explores the problem of lack of time for car servicing and presents key assumptions and findings from market research. The presentation also covers key activities, competitors, and the significance of the business canvas model in attaining competitive advantage.

BUSINESS
MANAGEMENT

TABLE OF CONTENT
 Introduction
 Main body
 Conclusion
 References

INTRODUCTION
 Business management is basically
management of the administration of
overall organization and mainly relates
to analyzing and planning the business
operations.
 The main aim of this ppt is to develop
the new business of online car washing
and assess its effectiveness.

PROBLEM/ UNMET NEED AND
SOLUTION
 Business canvas model is basically the
model which provides a template for
starting the new business and thus
describes the various elements which are
need to be considered while opening the
new business.
 Most of the people nowadays
have become busy in their lives and thus
like to travel in their luxury cars even to
the small distances.
 The major problem which the market and
people is facing is lack of enough time to
go to the car wash showroom for the
servicing of their vehicles.

KEY ASSUMPTIONS AND MAIN
FINDINGS
 From the market survey, it has been found
most of the people faces a large number of
problems in taking their cars to the car wash
showrooms for servicing.
 The main findings of this test upon the
people were that they want an online service
where they do not have to travel to miles to
showroom for pick and drop of their cars.

KEY ACTVITIES AND MAIN
COMPETITORS
 The major and key activities in online
car wash business are washing the cars,
maintaining safety of the car, exterior
cleaning and interior car washing.
 The key resources are the
distribution channels like car agents the
marketing and selling department for
establishing customer relation.

REFLECTION
 The business canvas model has helped
me to identify that which business I
need to open in order to generate
revenue and establish position in the
market.
 The business model has provided me
the various dimensions like key
competitors, activities, resources etc
which are needed for starting the new
business as these dimensions mainly
provides the idea of the market.

CONTINUED
 The entire process of business
canvas model has enabled me and
provided me a great understanding
of the various testing assumptions
as well as techniques which are
being used within development of
business idea.

PERSONAL CAREER DEVELOPMENT
 The thorough study of business canvas
model has also proved to be a great
momentum in the personal growth.
 Through this model, I have been able to
understand the importance of market
research as well as this has helped me in
my self-development.
 As initially I was not aware about this
model and its significance, thus this has
also enabled me to increase me three most
important skills which are effective
communication, time management and
prioritizations.

CONCLUSION
 It has been summarized that business canvas
model plays a great role in development of the
new business idea.
 This model basically allows the entrepreneurs
and people to assess the market trends through
its various dimensions.
 Its 9 dimensions enable the entrepreneur to
recognize the major competitors and key
activities of the new business idea.
 Thus, this model helps in developing the
business idea which helps in attaining
competitive advantage.

REFERENCES
 Erasmus, B., Strydom, J.W. and Rudansky-Kloppers, S. eds., 2016. Introduction to
business management. Oxford University Press Southern Africa.
 North, K. and Kumta, G., 2018. Knowledge management: Value creation through
organizational learning. Springer.
 Parris, D.L and et.al.,2016. Exploring transparency: a new framework for responsible
business management. Management Decision.
 Uhl, A. and Gollenia, L.A. eds., 2016. A handbook of business transformation management
methodology. Routledge.