Running head: BUSINESS PLAN Design business plan for Eden Ventures Name of the Student: Name of the University:
1BUSINESS PLAN Executive Summary The business plan is based on Eden Ventures who is investing into technology for providing of training and education to the rural small business owners. The organization is invested into telecommunication software, digital media, internet, mobile sectors, enterprise software, social media and SaaS. This particular technology business plan is based on helping to formalize the business strategies. The company is developed the business by helping the small business owners to use of innovative technology for raising the higher market share.
2BUSINESS PLAN Table of Contents Introduction......................................................................................................................................4 1. Business concept..........................................................................................................................4 1.1 Value Proposition..................................................................................................................4 1.2 Business Offer.......................................................................................................................5 1.3 Ownership Structure..............................................................................................................6 1.4 Mission, Aims and Objectives...............................................................................................7 1.5 Legal Formalities...................................................................................................................8 2. Marketing Strategy......................................................................................................................8 2.1 Customer segment.................................................................................................................8 2.2 Customer relationship............................................................................................................8 2.3 Distribution channels.............................................................................................................9 2.4 Marketing analysis using 7Ps................................................................................................9 3. Operational plan.........................................................................................................................10 3.1 Key activities.......................................................................................................................10 3.2 Key resources.......................................................................................................................11 3.3 The people plan....................................................................................................................11 4. Finance plan...............................................................................................................................12
3BUSINESS PLAN 5. Timeline.....................................................................................................................................12 6. Research.....................................................................................................................................13 6.1 Macro environment analysis – PESTEL..............................................................................13 6.2 Company’s Industry analysis - Porter’s Five Forces Analysis............................................14 6.3 Internal Company Analysis and External collaborations....................................................15 6.4 SWOT Analysis...................................................................................................................16 6.5 Financial Status Analysis.....................................................................................................18 Bibliography..................................................................................................................................35
4BUSINESS PLAN Introduction Eden Venturesis an organization which is invested into technology companies within the telecommunication software, digital media, internet, mobile sectors, enterprise software, social media and SaaS. The company has it’s headquarter in London, United Kingdom and was founded in the year 2002. The organization founded that they need huge amount of underserved rural small businesses which are required of technological consulting as well as experience. The company brings investment into the technology in rural small business owners. The purpose of the investment business plan is to help into formalizing of business strategies. The company decides to develop their business by helping rural small business owners to use of technology. 1. Business concept 1.1 Value Proposition By use of Ansoff’s Matrix, the business is categorized to provide of new services into the new market, as the services are satisfied with new set of client’s requirements. The business is able to bring performance value into the business as it improves the way businesses are operated. The technology services are customizable to the requirements of small business owners as they are not have set services. The target market of the organization is that they want to provide training and provide education to the small business owners located in rural Europe. The clients are chosen based on lack of knowledge on technology, as well as inability to reach higher productivity throughout technological innovation. Mainly, the organization gains business value by investing into internet, enterprise software and digital media. The organization is focused on
5BUSINESS PLAN developing their business process. The organization is developing efficient methods to procure the services and products. According to Ansoff Matrix, Eden Ventures can determine the product as well as market strategy. The four sections of this matrix are: Market penetration:It is about selling of existing products to the existing markets. In order to grow as well as penetrate the customer based in the existing market, the organization cuts their price, improve the business process, and invest into technology an increase into existing production. Eden Ventures spend into technology to penetrate the markets. Product development:It is about development of new services and processes into existing markets. The organization tries to provide training and education to the small business owners to use of technology. The modifications into existing business processes provide an increase value to the customers for develop of new services. Market development:It develops of existing products in new markets. Eden Ventures provide technology investment services to the European countries only. The organization should require developing their technological services into other countries also so as to gain a new market value in other countries. Diversification:It is about enter of new markets with development of new products. The organization should enter into new markets with development of their business process. The organization starts to train the small business owners about new technological usage.
6BUSINESS PLAN 1.2 Business Offer EdenVenturesinvestedintohighergrowthEuropeantechnologycompanies.The company provides of technological services such as internet, big data analytics, digital media, and telecommunication software. Eden Ventures offers some of the technological services on sourcing of procurement. It determines the technological suppliers and manages sourcing and recommends upgrades of business process. 1.3 Ownership Structure The competitive advantage of Eden Ventures is to run small rural business and make it successful in the European countries. The organization consists of some owners those have deep knowledge of the internet infrastructure. The deep knowledge of the members helps to shape way people are working. The share of the company is to be divided into five partners who help to take and manage right decisions for the company. Each of the organizational partners should bring £10,000 to invest into development of business process. They invest to provide training on technology to the rural business owners. EdenVenturesProjectManagerBusinessPlannerOperationsManagerMarketingManagerMarketConsultant
7BUSINESS PLAN Figure 1: Ownership structure (Source: Created by author) 1.4 Mission, Aims and Objectives Mission:Eden Ventures was created to invest in technology and help the rural business owners to use of technology. The evidence is based on the fact that the rural small business owners have no such resources and connections to use the technology. The mission of the organization is to provide training and educating the small business owners to utilize the resources. The organization should fulfill their mission when the clients are satisfied and achieved growth rate at 20%. Aims:The aim of the company is to provide high value to the small business and business development by investing in technology. The technological services provided by the organization are internet, enterprise software and digital media. The organization provides training to the small business owners to use of those technological services. Objectives:Following are the business objectives of Eden Ventures such as: To grow the business as per requirements of the clients and customers To provide training and education on innovative technology to the small business owners To keep revenue cost on the services below 20% To increase net revenue by 350%
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