Business Plan for Roots and Pulps: Organic Beverages in UK
VerifiedAdded on 2022/11/25
|17
|4021
|357
AI Summary
This business plan is based on Roots and Pulps, a new start-up that offers a range of organic beverages in the UK. It includes market analysis, product description, USP, competitor analysis, operational plan, risk and contingency plan, sales and marketing strategy, finance and funding plans, and management teams.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Business Plan
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
EXECUTIVE SUMMARY
The present report is based upon Roots and Pulps (a new business idea) who provide
range of organic beverages to their customers of UK. In order to sustain the brand image, it is
necessary for the company to evaluate the industry and consider external factor through Pestle
analysis. Also, it has been determined through report that there is a strong competition within
market and that is why, company create USP by offering product in innovative packaging style.
Moreover, the report will also show two different types of funding used by the company i.e.
personal saving and bank loans. Also, different management team has been designed that assist
to meet the defined aim of a company.
The present report is based upon Roots and Pulps (a new business idea) who provide
range of organic beverages to their customers of UK. In order to sustain the brand image, it is
necessary for the company to evaluate the industry and consider external factor through Pestle
analysis. Also, it has been determined through report that there is a strong competition within
market and that is why, company create USP by offering product in innovative packaging style.
Moreover, the report will also show two different types of funding used by the company i.e.
personal saving and bank loans. Also, different management team has been designed that assist
to meet the defined aim of a company.
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
Business details...........................................................................................................................1
Location ......................................................................................................................................1
Market and Industry analysis:.....................................................................................................1
Product and service description..................................................................................................4
USP and competitor analysis......................................................................................................5
Operational plan..........................................................................................................................6
Risk and contingency plan..........................................................................................................7
Sales and marketing strategy.......................................................................................................8
Finance and funding plans..........................................................................................................9
Management teams....................................................................................................................12
REFERENCES..............................................................................................................................14
EXECUTIVE SUMMARY.............................................................................................................2
Business details...........................................................................................................................1
Location ......................................................................................................................................1
Market and Industry analysis:.....................................................................................................1
Product and service description..................................................................................................4
USP and competitor analysis......................................................................................................5
Operational plan..........................................................................................................................6
Risk and contingency plan..........................................................................................................7
Sales and marketing strategy.......................................................................................................8
Finance and funding plans..........................................................................................................9
Management teams....................................................................................................................12
REFERENCES..............................................................................................................................14
Business details
Roots and Pulps as new business start-up will be presenting organic and fresh cod
pressed fruit juices that are freshly prepared as per specific preferences, with no heating
developed within production procedures. The company will be presenting products and services
based on specific working plans, to keep check on nutrients values diversely based on high scale
innovation expertise factors for reaching out to larger extent consumer market. Root and Pulp
will be heading on to bring fresh supply of fruits and vegetables purees, based on various flavors
and customized choices for customers It includes ranges such as fruits such as Orange, kiwi,
pineapple, muskmelon ad varied other fresh supplies, and will have offline and online market
presence among business for reaching out to larger segments of customers.
Roots and Pulps further aim to introduce best supplies of customized fruit juices and
beverages, as per tastes and preferences among customers who prefer hygienic fresh on go
juices. The company has plans to expand channels on digital marketing, evolve on best working
innovation aspects and have best working targets for larger functional productivity optimization.
Business also deals with competencies and structured techniques, to market out best beverages
and fruit juices for people based on specific functional plans for strengthening optimum
productive growth (Strategies To Be Followed By Startups In the #NewNormal, 2021).
Location
Roots and Pulps will be having location in London, UK which holds high strategic target
market positioning for new business enlargement goals rapidly and to further expand best
technical proficiency aspects. Location is also based on easy availability within store, where
people can easily take away their orders, have specific juices and beverages there and also
digital market is competitive platform which further opens up space for higher stringent
connectivity
Market and Industry analysis:
UK is one of the largest market for companies serving fresh fruit juices and vegetables as
well as varied range of organic beverages which holds competitiveness rise within startups
industry. There has been constant rise among recent years within products and services, bringing
wider reach among target customers with high scale innovations and commercial benchmarks
based on creative marketing scenarios (Wieland and Fill, 2020). For this it can be analyzed that
1
Roots and Pulps as new business start-up will be presenting organic and fresh cod
pressed fruit juices that are freshly prepared as per specific preferences, with no heating
developed within production procedures. The company will be presenting products and services
based on specific working plans, to keep check on nutrients values diversely based on high scale
innovation expertise factors for reaching out to larger extent consumer market. Root and Pulp
will be heading on to bring fresh supply of fruits and vegetables purees, based on various flavors
and customized choices for customers It includes ranges such as fruits such as Orange, kiwi,
pineapple, muskmelon ad varied other fresh supplies, and will have offline and online market
presence among business for reaching out to larger segments of customers.
Roots and Pulps further aim to introduce best supplies of customized fruit juices and
beverages, as per tastes and preferences among customers who prefer hygienic fresh on go
juices. The company has plans to expand channels on digital marketing, evolve on best working
innovation aspects and have best working targets for larger functional productivity optimization.
Business also deals with competencies and structured techniques, to market out best beverages
and fruit juices for people based on specific functional plans for strengthening optimum
productive growth (Strategies To Be Followed By Startups In the #NewNormal, 2021).
Location
Roots and Pulps will be having location in London, UK which holds high strategic target
market positioning for new business enlargement goals rapidly and to further expand best
technical proficiency aspects. Location is also based on easy availability within store, where
people can easily take away their orders, have specific juices and beverages there and also
digital market is competitive platform which further opens up space for higher stringent
connectivity
Market and Industry analysis:
UK is one of the largest market for companies serving fresh fruit juices and vegetables as
well as varied range of organic beverages which holds competitiveness rise within startups
industry. There has been constant rise among recent years within products and services, bringing
wider reach among target customers with high scale innovations and commercial benchmarks
based on creative marketing scenarios (Wieland and Fill, 2020). For this it can be analyzed that
1
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Roots and pulps further aims to evolve on market analysis factors, bringing untapped functional
goals worked on for higher competitive productive engagement factors worked on strategically.
Pestle analysis:
Political factors: U political factors provide stable functional opportunity for company to
expand new business plans, based on higher working synergy and engagement among
external business stakeholders. Economic factors: Stable economic policies and price structure development, has high
role and importance to further diversify new plans competencies effectively based on
commercial productivity. Roots and Pulps have significant strength based on economic
factors, as UK market is stable with good consumer spending potentialities evolving
within industry. Social factors: Dynamic customer’s preferences evolving has high role which further
signifies that people demands fresh organic fruit juices, based on high quality and fast
delivery services. This will be further proceeded within Roots and Pulps company, to
expand determinants working as per high scale consumer’s choices, and to segregate
market availability further based on long term business plans (Welter and et.al., 2021). Technological factors: Technology used on production, marketing and service delivery
will be optimally deployed as per recent working objectives to further significantly bring
2
goals worked on for higher competitive productive engagement factors worked on strategically.
Pestle analysis:
Political factors: U political factors provide stable functional opportunity for company to
expand new business plans, based on higher working synergy and engagement among
external business stakeholders. Economic factors: Stable economic policies and price structure development, has high
role and importance to further diversify new plans competencies effectively based on
commercial productivity. Roots and Pulps have significant strength based on economic
factors, as UK market is stable with good consumer spending potentialities evolving
within industry. Social factors: Dynamic customer’s preferences evolving has high role which further
signifies that people demands fresh organic fruit juices, based on high quality and fast
delivery services. This will be further proceeded within Roots and Pulps company, to
expand determinants working as per high scale consumer’s choices, and to segregate
market availability further based on long term business plans (Welter and et.al., 2021). Technological factors: Technology used on production, marketing and service delivery
will be optimally deployed as per recent working objectives to further significantly bring
2
on fundamental rise commercially. New technology demands are rising widely based on
functional expertise, higher working synergy tools and new strengthened innovation
where external business domains have high competencies. Legal factors: The legal formalities such as keeping check on health and safety
standards, registration and providing high edge functional standards services further will
be taken significant focus within Roots and Pulps. Environmental factors: External changes in environment and climate conditions further
has significant role for start-ups to extend their functional productivity and hold new
accountability aspects innovatively.
Porter five forces model: Threat of new entrants: There are varied numbers of new start- ups coming within
industry based on high scale beverages and juices services availability, which further
signifies that this factor holds medium pressure. Roots and Pulps faces medium threat of
new entrants, where varied scale new investments are being expanded by new companies
for larger customer market base. Competitive rivalry: Roots and pulps faces competitive rivalry from UK competitive
industry, where high scale commercial growth standard is rising proactively by evolving
new business plans. It signifies that competitive rivalry is high, as startup investments
have to be done based on extending higher scale competent innovation, larger consumer
confidence goodwill rise (Den Boer, Klimstra and Denissen,, 2021). Bargaining power of buyers: Customers have medium range of bargaining power, as
company offers services with good quality and premium productive standards for rising
higher scale functioning’s. It signifies that implementation of competitive business
strategies holds specific role in Roots and Pulps, to strengthen positioning among target
customers rapidly and bring on larger varied goodwill. Bargaining power of suppliers: The company has medium external pressure from this
factor, where bargaining power of suppliers is based on price optimization of raw
materials and segregating new channels. Supply chain management of company is
definitely expanded based on commercial channels expansion fundamentally, bringing
competent rise rapidly among new business targets.
3
functional expertise, higher working synergy tools and new strengthened innovation
where external business domains have high competencies. Legal factors: The legal formalities such as keeping check on health and safety
standards, registration and providing high edge functional standards services further will
be taken significant focus within Roots and Pulps. Environmental factors: External changes in environment and climate conditions further
has significant role for start-ups to extend their functional productivity and hold new
accountability aspects innovatively.
Porter five forces model: Threat of new entrants: There are varied numbers of new start- ups coming within
industry based on high scale beverages and juices services availability, which further
signifies that this factor holds medium pressure. Roots and Pulps faces medium threat of
new entrants, where varied scale new investments are being expanded by new companies
for larger customer market base. Competitive rivalry: Roots and pulps faces competitive rivalry from UK competitive
industry, where high scale commercial growth standard is rising proactively by evolving
new business plans. It signifies that competitive rivalry is high, as startup investments
have to be done based on extending higher scale competent innovation, larger consumer
confidence goodwill rise (Den Boer, Klimstra and Denissen,, 2021). Bargaining power of buyers: Customers have medium range of bargaining power, as
company offers services with good quality and premium productive standards for rising
higher scale functioning’s. It signifies that implementation of competitive business
strategies holds specific role in Roots and Pulps, to strengthen positioning among target
customers rapidly and bring on larger varied goodwill. Bargaining power of suppliers: The company has medium external pressure from this
factor, where bargaining power of suppliers is based on price optimization of raw
materials and segregating new channels. Supply chain management of company is
definitely expanded based on commercial channels expansion fundamentally, bringing
competent rise rapidly among new business targets.
3
Threat of substitutes: This factor holds less potentiality within external business world,
as recently it has been analyzed that people look forward to companies who offer healthy
and nutritious fresh fruit juices, beverages. As business plan of Roots and Pulps have
significant new touch within competencies, there is further pace to evolve on larger
networks for stronger consumer engagement (Shevchuk and et.al., 2020).
Thus, from analysis evolved on within pestle and porter five forces model it can
be understood that Roots and Pulps have significant competitiveness within industry,
where business plan positioning needs to be done more innovatively. Roots and Pulps
product, services planning will further strengthen key goals positioning attributives
dynamically and evolve competitively for larger scale business positioning aspects
innovatively. This further heads on profound scale functional optimization, based on
strategic competencies profoundly based on wider technical strengthened positioning
goals.
Product and service description
Roots and Pulps have varied significant products and services within store and online
platforms, where there are varied fruit juices and organic vegetables purees as beverages.
Business plan will be proactively heading forward to strengthen up key business positioning
aspects fundamentally, evolving towards diverse networks plans and determine long term goals
diversely.
Products such as spinach, cucumber, apple, lemon, strawberry, mint juices are some of
the top natural nutritious organic fruit juices which company offers. Also products can be
customized as per best scale functional availability and high scale competent synergy
planned marketing expertise, for larger customer’s engagement. Services can be availed
both offline and online platforms, where Roots and Pulps have specific keen functional
working synergies variedly. Takeaway facilities are also there for people, based on
preferences and innovative new edged marketing expertise targets to strengthen up larger
scale availability determinants.
Products such as range of cold pressed juices include varieties of citrus nutritious fruits
and vegetables, based on high scale efficiency optimization aspects innovatively. Outlet
of Roots and Pulps will be based on larger customer’s preferences and easy availability,
for effective business goals and new vision oriented operatives (Galvão, Marques and
4
as recently it has been analyzed that people look forward to companies who offer healthy
and nutritious fresh fruit juices, beverages. As business plan of Roots and Pulps have
significant new touch within competencies, there is further pace to evolve on larger
networks for stronger consumer engagement (Shevchuk and et.al., 2020).
Thus, from analysis evolved on within pestle and porter five forces model it can
be understood that Roots and Pulps have significant competitiveness within industry,
where business plan positioning needs to be done more innovatively. Roots and Pulps
product, services planning will further strengthen key goals positioning attributives
dynamically and evolve competitively for larger scale business positioning aspects
innovatively. This further heads on profound scale functional optimization, based on
strategic competencies profoundly based on wider technical strengthened positioning
goals.
Product and service description
Roots and Pulps have varied significant products and services within store and online
platforms, where there are varied fruit juices and organic vegetables purees as beverages.
Business plan will be proactively heading forward to strengthen up key business positioning
aspects fundamentally, evolving towards diverse networks plans and determine long term goals
diversely.
Products such as spinach, cucumber, apple, lemon, strawberry, mint juices are some of
the top natural nutritious organic fruit juices which company offers. Also products can be
customized as per best scale functional availability and high scale competent synergy
planned marketing expertise, for larger customer’s engagement. Services can be availed
both offline and online platforms, where Roots and Pulps have specific keen functional
working synergies variedly. Takeaway facilities are also there for people, based on
preferences and innovative new edged marketing expertise targets to strengthen up larger
scale availability determinants.
Products such as range of cold pressed juices include varieties of citrus nutritious fruits
and vegetables, based on high scale efficiency optimization aspects innovatively. Outlet
of Roots and Pulps will be based on larger customer’s preferences and easy availability,
for effective business goals and new vision oriented operatives (Galvão, Marques and
4
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Ferreira, 2020). Products hold high specialization, based on competent efficacy aspects
plans for gaining consumers’ confidence dynamically. This further heads on profound
focus among larger new plans and implementation of working competencies diversely,
for growth rise as per consumer’s best preferences. Packaging will be done in most
effective format, attractively for larger consumer’s convenience factors and higher
competent long term positioning within industry.
USP and competitor analysis
The USP of Roots and Pulp is to use only organic products in their beverages that helps
to improve the brand image. Also, there is a strong competition within the locality that assists
company to offer more innovative products. For competitor analysis, different key elements
compared in order to examine the performance, which is as mentioned below:
Particulars Roots and Pulps Planet organic Kent Foods Ltd
Product It offers range of organic
juices and cold pressed
juices as per the preference
of customer.
The company offered all
kind of organic food
products and range
variety of beverages to
their users.
It supply organic food
and organic beverages
with limited variety to
their customers within a
local area only.
Price It will use penetration
pricing style that helps to
attract new customers by
offering low price of its
products.
Planet organic uses
competitive pricing style
in which company
changes their price by
analyzing market
situation (de Araújo, de
Souza Bueno and Viana,
2018).
Kent Food Ltd uses
premium pricing in order
to build the perceived
value of company's
product.
Promotion Root and Pulps uses
modern form of marketing
tools like social media, Pay
per click and official
It uses both traditional
and modern form of
marketing tools that
assist to improve the
Uses only modern form
of marketing tool like,
email, social media
platforms in order to
5
plans for gaining consumers’ confidence dynamically. This further heads on profound
focus among larger new plans and implementation of working competencies diversely,
for growth rise as per consumer’s best preferences. Packaging will be done in most
effective format, attractively for larger consumer’s convenience factors and higher
competent long term positioning within industry.
USP and competitor analysis
The USP of Roots and Pulp is to use only organic products in their beverages that helps
to improve the brand image. Also, there is a strong competition within the locality that assists
company to offer more innovative products. For competitor analysis, different key elements
compared in order to examine the performance, which is as mentioned below:
Particulars Roots and Pulps Planet organic Kent Foods Ltd
Product It offers range of organic
juices and cold pressed
juices as per the preference
of customer.
The company offered all
kind of organic food
products and range
variety of beverages to
their users.
It supply organic food
and organic beverages
with limited variety to
their customers within a
local area only.
Price It will use penetration
pricing style that helps to
attract new customers by
offering low price of its
products.
Planet organic uses
competitive pricing style
in which company
changes their price by
analyzing market
situation (de Araújo, de
Souza Bueno and Viana,
2018).
Kent Food Ltd uses
premium pricing in order
to build the perceived
value of company's
product.
Promotion Root and Pulps uses
modern form of marketing
tools like social media, Pay
per click and official
It uses both traditional
and modern form of
marketing tools that
assist to improve the
Uses only modern form
of marketing tool like,
email, social media
platforms in order to
5
website to attract
customers.
overall performance of a
company
attract range of
customers.
USP Offering only beverages
without compromising the
quality with a discount
helps to leave a positive
impression over the
customers.
Planet organic has an
effective marketing tools
that creates unique
impression among
customers
Kent Foods Ltd offers
innovative products and
its packaging style sustain
a unique position upon
customer's mind (Charles
and et.al., 2020).
Operational plan
Particulars Description
Organization
structure
Roots and Pulps will use flat organization structure because the business
will operating in small area and there will be minimum 4 departments who
operate the business such as finance, IT personnel, employees and
marketing manager etc.
Quality control There is a need to ensure about quality of all the products because the
customer satisfaction level got affected. That is why, six sigma as quality
management tool must be used and digital tool can be used for quality
management in order to maintain business operations. Also, the products
must contain ISI mark that keep customer informed that the product is
good to be used (Butti Al Shamsi and et.al., 2018).
Supply chain
management
Roots and Pulps deal in online business and that is why, it must have
effective supply chain and logistics that assist to meet the demand of
customers. The product will be offered at different locations and that is
why, there must be an efficient transportation or logistic system to meet
the demand of users.
Communication There must be an effective communication within each department so that
they all performed the work in an effective manner. Having a flat
organization structure will assist to minimize the chances of
6
customers.
overall performance of a
company
attract range of
customers.
USP Offering only beverages
without compromising the
quality with a discount
helps to leave a positive
impression over the
customers.
Planet organic has an
effective marketing tools
that creates unique
impression among
customers
Kent Foods Ltd offers
innovative products and
its packaging style sustain
a unique position upon
customer's mind (Charles
and et.al., 2020).
Operational plan
Particulars Description
Organization
structure
Roots and Pulps will use flat organization structure because the business
will operating in small area and there will be minimum 4 departments who
operate the business such as finance, IT personnel, employees and
marketing manager etc.
Quality control There is a need to ensure about quality of all the products because the
customer satisfaction level got affected. That is why, six sigma as quality
management tool must be used and digital tool can be used for quality
management in order to maintain business operations. Also, the products
must contain ISI mark that keep customer informed that the product is
good to be used (Butti Al Shamsi and et.al., 2018).
Supply chain
management
Roots and Pulps deal in online business and that is why, it must have
effective supply chain and logistics that assist to meet the demand of
customers. The product will be offered at different locations and that is
why, there must be an efficient transportation or logistic system to meet
the demand of users.
Communication There must be an effective communication within each department so that
they all performed the work in an effective manner. Having a flat
organization structure will assist to minimize the chances of
6
communication error and by effective coordination, company is able to
improve the business performance along with able to meet the demand of
customers as well (Elkhoraibi and et.al., 2017).
Risk and contingency plan
There are different risk faced by the company and to improve the same is also quite
important. Similarly, Roots and Pulps also faces different risk and through effective contingency
plan, it will be easy to minimize the chances of occurrence. Such as:
Type of
risk
Reason Likelihoo
d
Impact Preparation Response
Over-
budget
Due to
ineffective
monitoring over
expenses
High High Proper
monitoring
should be
performed
Company should look
after entire transaction
either daily or monthly
to minimize the over cost
of a project.
Did not
meet the
deadline
Ineffective
monitoring of
each task
High High Company must
oversees the
expenses over
a time
Benchmarks should be
set in order to identify
each task performance
that helps to accomplish
the task on time (Mohan,
2020).
Technical
risk
Due to virus,
system got
crashed and
increase the
technical risk
Low High Continuously
check the
system and
keep its
updated over a
time
The systems must be
protected through
password and advance
technique that assist to
minimize technical risk.
Human One of the team Low Medium Collect the Company must have
7
improve the business performance along with able to meet the demand of
customers as well (Elkhoraibi and et.al., 2017).
Risk and contingency plan
There are different risk faced by the company and to improve the same is also quite
important. Similarly, Roots and Pulps also faces different risk and through effective contingency
plan, it will be easy to minimize the chances of occurrence. Such as:
Type of
risk
Reason Likelihoo
d
Impact Preparation Response
Over-
budget
Due to
ineffective
monitoring over
expenses
High High Proper
monitoring
should be
performed
Company should look
after entire transaction
either daily or monthly
to minimize the over cost
of a project.
Did not
meet the
deadline
Ineffective
monitoring of
each task
High High Company must
oversees the
expenses over
a time
Benchmarks should be
set in order to identify
each task performance
that helps to accomplish
the task on time (Mohan,
2020).
Technical
risk
Due to virus,
system got
crashed and
increase the
technical risk
Low High Continuously
check the
system and
keep its
updated over a
time
The systems must be
protected through
password and advance
technique that assist to
minimize technical risk.
Human One of the team Low Medium Collect the Company must have
7
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
resource
risk
member may be
ill and as a result
work hampers
contact number
of employees
and request
them to come
contact with other
employees as well that
assist to minimize the
occurrence of human
resource risk (Kumar
and et.al., 2021).
Sales and marketing strategy
In order to increase the performance of a company, it is necessary to use effective
marketing strategy that promote the products to different locations. For that, marketing mix can
be used in order to examine the ways of evaluate the products and its promotional styles:
Product: Roots and Pulps will offer different variety of beverage to their customers
which include range of fruit juices and citrus juices that helps to meet the demand of
customers. Place: It will operated within London, UK because people easily afford the products and
this in turn cause positive impact upon business.
8
risk
member may be
ill and as a result
work hampers
contact number
of employees
and request
them to come
contact with other
employees as well that
assist to minimize the
occurrence of human
resource risk (Kumar
and et.al., 2021).
Sales and marketing strategy
In order to increase the performance of a company, it is necessary to use effective
marketing strategy that promote the products to different locations. For that, marketing mix can
be used in order to examine the ways of evaluate the products and its promotional styles:
Product: Roots and Pulps will offer different variety of beverage to their customers
which include range of fruit juices and citrus juices that helps to meet the demand of
customers. Place: It will operated within London, UK because people easily afford the products and
this in turn cause positive impact upon business.
8
Price: Company uses penetration pricing style in which it offers the product at low rate
in order to attract the customers towards it (Strang, 2018). Promotion: Only uses modern form of promotional tool which include social media
platforms like Facebook, Twitter and Instagram. Also, pay per click is used as a digital
marketing tool that attract the customers. Physical evidence: Its physical store and online website will be considered as a physical
evidence. Moreover, its customers and employees will recognized as a physical evidence. Process: The payment process will be easy to use such that it provide online and offline
facilities to their customers.
People: The key people of Roots and Pulps will be employees, customers and its
suppliers.
Segmentation:
Roots and Pulps will segment the business by using demographic information in which
age, gender and income of the people will be considered. Such that on the basis of age, company
target the people from 15 to 65 because the beverages will be healthy to consume. Higher and
middle class people can easily afford the products in which both men and women can enjoy the
offerings.
Targeting:
Roots and Pulps will uses differentiation targeting style in which unique products will be
offered to the target people. Along with this, with the help of defined target strategy, company is
able to improve the health of individual and attract range of people towards it.
Positioning:
Quoted firm present the product in unique manner that assist to grab attention of many
customers towards it (Pena and Lohr, 2017). Also, business never compromised its product
quality and this in turn causes positive impression towards a customer.
Finance and funding plans
There are two main types of funding plan will be used by the company i.e. personal
saving and bank loan. Such that £75k will be used as a personal saving whereas £10k will be
collected through bank and as per the defined time, loans will be repay accordingly.
The financial plan for a year is as mentioned below:
9
in order to attract the customers towards it (Strang, 2018). Promotion: Only uses modern form of promotional tool which include social media
platforms like Facebook, Twitter and Instagram. Also, pay per click is used as a digital
marketing tool that attract the customers. Physical evidence: Its physical store and online website will be considered as a physical
evidence. Moreover, its customers and employees will recognized as a physical evidence. Process: The payment process will be easy to use such that it provide online and offline
facilities to their customers.
People: The key people of Roots and Pulps will be employees, customers and its
suppliers.
Segmentation:
Roots and Pulps will segment the business by using demographic information in which
age, gender and income of the people will be considered. Such that on the basis of age, company
target the people from 15 to 65 because the beverages will be healthy to consume. Higher and
middle class people can easily afford the products in which both men and women can enjoy the
offerings.
Targeting:
Roots and Pulps will uses differentiation targeting style in which unique products will be
offered to the target people. Along with this, with the help of defined target strategy, company is
able to improve the health of individual and attract range of people towards it.
Positioning:
Quoted firm present the product in unique manner that assist to grab attention of many
customers towards it (Pena and Lohr, 2017). Also, business never compromised its product
quality and this in turn causes positive impression towards a customer.
Finance and funding plans
There are two main types of funding plan will be used by the company i.e. personal
saving and bank loan. Such that £75k will be used as a personal saving whereas £10k will be
collected through bank and as per the defined time, loans will be repay accordingly.
The financial plan for a year is as mentioned below:
9
Particulars Amount (£)
Cash inflows
Personal saving 75000
Bank loan 10000
Total inflows 85000
Cash outflows
license 24000
Transportation 15000
equipment 22000
miscellaneous 6000
Total outflows 67000
Cash balance 18000
Parti
cula
rs
Janua
ry
Febr
uary
Marc
h April May June July
Aug
ust
Septe
mber
Oct
ober
Nove
mber
Dece
mber
Cash
inflo
ws
Open
ing
cash
inflo
w 18000 16500 15304
14212.
08
1322
4.24
16
12340
.4032
32
11560
.3951
6864
1088
3.95
4298
8928
10310
.7186
60825
9
984
0.22
172
103
58
9471.
8863
8992
97
9205.0
18761
5803
Sales 12000 12240 12484. 12734 1298 13249 13513 1378 14060 143 1462 14920
10
Cash inflows
Personal saving 75000
Bank loan 10000
Total inflows 85000
Cash outflows
license 24000
Transportation 15000
equipment 22000
miscellaneous 6000
Total outflows 67000
Cash balance 18000
Parti
cula
rs
Janua
ry
Febr
uary
Marc
h April May June July
Aug
ust
Septe
mber
Oct
ober
Nove
mber
Dece
mber
Cash
inflo
ws
Open
ing
cash
inflo
w 18000 16500 15304
14212.
08
1322
4.24
16
12340
.4032
32
11560
.3951
6864
1088
3.95
4298
8928
10310
.7186
60825
9
984
0.22
172
103
58
9471.
8863
8992
97
9205.0
18761
5803
Sales 12000 12240 12484. 12734 1298 13249 13513 1378 14060 143 1462 14920
10
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
reve
nue 8 9
.9490
31168
4.22
8011
7914 41 8
Othe
r
inco
me 2000 2000 2000 2000 2000 2000 2000 2000 2000
200
0 2000 2000
Tota
l
cash
inflo
ws 32000 30740
29788.
8
28946.
576
2821
3.42
752
27589
.3728
704
27074
.3441
99808
2666
8.18
2310
6842
26370
.6312
32853
261
81.3
325
445
035
2609
9.819
4298
667
26125.
51046
23161
Cash
outfl
ows
Mate
rial 2000 1836
1872.7
2
1910.1
744
1948
.37
1987.
34544
576
2027.
09
2067
.63
2108.
98
215
1.16
2194.
18
2238.0
7
Labo
r 6000 6000 6000 6000 6000 6000 6000 6000 6000
600
0 6000 6000
Othe
r
expe
nses 2500 2600 2704 2812 2925 3042
3163.
29 3290 3421
355
8 3701 3849
Adm
inistr
5000 5000 5000 5000 5000 5000 5000 5000 5000 500
0
5000 5000
11
nue 8 9
.9490
31168
4.22
8011
7914 41 8
Othe
r
inco
me 2000 2000 2000 2000 2000 2000 2000 2000 2000
200
0 2000 2000
Tota
l
cash
inflo
ws 32000 30740
29788.
8
28946.
576
2821
3.42
752
27589
.3728
704
27074
.3441
99808
2666
8.18
2310
6842
26370
.6312
32853
261
81.3
325
445
035
2609
9.819
4298
667
26125.
51046
23161
Cash
outfl
ows
Mate
rial 2000 1836
1872.7
2
1910.1
744
1948
.37
1987.
34544
576
2027.
09
2067
.63
2108.
98
215
1.16
2194.
18
2238.0
7
Labo
r 6000 6000 6000 6000 6000 6000 6000 6000 6000
600
0 6000 6000
Othe
r
expe
nses 2500 2600 2704 2812 2925 3042
3163.
29 3290 3421
355
8 3701 3849
Adm
inistr
5000 5000 5000 5000 5000 5000 5000 5000 5000 500
0
5000 5000
11
ation
expe
nses
Tota
l
cash
outfl
ows 15500 15436
15576.
72
15722.
3344
1587
3.02
16028
.97
16190
.38
1635
7.46
16530
.4
167
09.4
4
1689
4.8
17086.
70889
58981
Cash
defic
it /
surp
lus
or
closi
ng
cash
bala
nce 16500 15304 14212 13224
1234
0 11560
10883
.95
1031
1 9840
947
2 9205 9039
Management teams
Roots and Pulps offer products at different location and that is why, the company have a
strong capability in order to demand of customers. The owner of a firm already have strong
entrepreneurial skills that assist to take a business at further level of success. Along with this
there are different management teams that also support company to successfully implement the
business operation such as:
Key people Numbers Roles and responsibility
12
expe
nses
Tota
l
cash
outfl
ows 15500 15436
15576.
72
15722.
3344
1587
3.02
16028
.97
16190
.38
1635
7.46
16530
.4
167
09.4
4
1689
4.8
17086.
70889
58981
Cash
defic
it /
surp
lus
or
closi
ng
cash
bala
nce 16500 15304 14212 13224
1234
0 11560
10883
.95
1031
1 9840
947
2 9205 9039
Management teams
Roots and Pulps offer products at different location and that is why, the company have a
strong capability in order to demand of customers. The owner of a firm already have strong
entrepreneurial skills that assist to take a business at further level of success. Along with this
there are different management teams that also support company to successfully implement the
business operation such as:
Key people Numbers Roles and responsibility
12
Owner 1 Owner of Roots and Pulps make decision for the welfare of a
business. Also, owner keep monitoring all the transaction and
oversees the performance of employees and also make decision
effectively.
Cashier 2 The main role of cashier is to collect the payment from
customers and also solve some basic queries at their own level.
Finance manager 1 They look after entire transactions and describe the financial
performance of a business. Also, manager create a budget for
each month and allocate the same to entire department (Strang,
2018).
Marketing
manager
1 The role of marketing manager is to promote the products by
using effective marketing tools. Also, assists to determine the
need of customers and offer the product accordingly.
Employees 3 The employees work in a team and maintain the inventory as
well as assist customer. Further, they are also liable for any
happening and supervised by senior authorities.
13
business. Also, owner keep monitoring all the transaction and
oversees the performance of employees and also make decision
effectively.
Cashier 2 The main role of cashier is to collect the payment from
customers and also solve some basic queries at their own level.
Finance manager 1 They look after entire transactions and describe the financial
performance of a business. Also, manager create a budget for
each month and allocate the same to entire department (Strang,
2018).
Marketing
manager
1 The role of marketing manager is to promote the products by
using effective marketing tools. Also, assists to determine the
need of customers and offer the product accordingly.
Employees 3 The employees work in a team and maintain the inventory as
well as assist customer. Further, they are also liable for any
happening and supervised by senior authorities.
13
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES
Books and Journals
Butti Al Shamsi, K. and et.al., 2018. A sustainable organic production model for “food
sovereignty” in the United Arab Emirates and Sicily-Italy. Sustainability. 10(3).
p.620.
Charles, R. and et.al., 2020. Organic rapeseed in Switzerland: 20 years of practice. OCL. 27.
p.68.
de Araújo, G.P., de Souza Bueno, F. and Viana, E., 2018. Recovery of EACH-USP Organic
Waste as an Instrument for Achieving Sustainability. In Towards Green Campus
Operations (pp. 841-849). Springer, Cham.
Den Boer, L., Klimstra, T. A. and Denissen, J. J., 2021. Associations between the identity
domains of future plans and education, and the role of a major curricular
internship on identity formation processes. Journal of Adolescence. 88. pp.107-
119.
Elkhoraibi, C. and et.al., 2017. Operational challenges and opportunities in pastured poultry
operations in the United States. Poultry science. 96(6). pp.1648-1650.
Galvão, A., Marques, C. and Ferreira, J. J., 2020. The role of entrepreneurship education and
training programmes in advancing entrepreneurial skills and new
ventures. European Journal of Training and Development.
Kumar, A. and et.al., 2021. Mitigate risks in perishable food supply chains: Learning from
COVID-19. Technological Forecasting and Social Change. 166. p.120643.
Mohan, S., 2020. Risk aversion and certification: Evidence from the Nepali tea fields. World
Development. 129. p.104903.
Pena, M. and Lohr, C., 2017, May. Stones Development: Best in Class Risk Reduction and Cost
Improvement During Project Execution. In Offshore Technology Conference.
Offshore Technology Conference.
Shevchuk, S. M., .,and et.al., 2020. Marketing aspects of image formation and investment
attractiveness of territories and enterprises.
Strang, K. D., 2018. Socio-Political Risk-Contingency-Management Framework for
Practitioners and Researchers. In Research, Practices, and Innovations in Global
Risk and Contingency Management (pp. 116-133). IGI Global.
Strang, K. D., 2018. Socio-Political Risk-Contingency-Management Framework for
Practitioners and Researchers. In Research, Practices, and Innovations in Global
Risk and Contingency Management (pp. 116-133). IGI Global.
Welter, C.,and et.al., 2021. The road to entrepreneurial success: business plans, lean startup, or
both?. New England Journal of Entrepreneurship.
Wieland, M. and Fill, H. G., 2020. A domain-specific modeling method for supporting the
generation of business plans. Modellierung 2020.
Online
Strategies To Be Followed By Startups In the #NewNormal. 2021. [Online]. Available
Through :< https://www.entrepreneur.com/article/355064>
14
Books and Journals
Butti Al Shamsi, K. and et.al., 2018. A sustainable organic production model for “food
sovereignty” in the United Arab Emirates and Sicily-Italy. Sustainability. 10(3).
p.620.
Charles, R. and et.al., 2020. Organic rapeseed in Switzerland: 20 years of practice. OCL. 27.
p.68.
de Araújo, G.P., de Souza Bueno, F. and Viana, E., 2018. Recovery of EACH-USP Organic
Waste as an Instrument for Achieving Sustainability. In Towards Green Campus
Operations (pp. 841-849). Springer, Cham.
Den Boer, L., Klimstra, T. A. and Denissen, J. J., 2021. Associations between the identity
domains of future plans and education, and the role of a major curricular
internship on identity formation processes. Journal of Adolescence. 88. pp.107-
119.
Elkhoraibi, C. and et.al., 2017. Operational challenges and opportunities in pastured poultry
operations in the United States. Poultry science. 96(6). pp.1648-1650.
Galvão, A., Marques, C. and Ferreira, J. J., 2020. The role of entrepreneurship education and
training programmes in advancing entrepreneurial skills and new
ventures. European Journal of Training and Development.
Kumar, A. and et.al., 2021. Mitigate risks in perishable food supply chains: Learning from
COVID-19. Technological Forecasting and Social Change. 166. p.120643.
Mohan, S., 2020. Risk aversion and certification: Evidence from the Nepali tea fields. World
Development. 129. p.104903.
Pena, M. and Lohr, C., 2017, May. Stones Development: Best in Class Risk Reduction and Cost
Improvement During Project Execution. In Offshore Technology Conference.
Offshore Technology Conference.
Shevchuk, S. M., .,and et.al., 2020. Marketing aspects of image formation and investment
attractiveness of territories and enterprises.
Strang, K. D., 2018. Socio-Political Risk-Contingency-Management Framework for
Practitioners and Researchers. In Research, Practices, and Innovations in Global
Risk and Contingency Management (pp. 116-133). IGI Global.
Strang, K. D., 2018. Socio-Political Risk-Contingency-Management Framework for
Practitioners and Researchers. In Research, Practices, and Innovations in Global
Risk and Contingency Management (pp. 116-133). IGI Global.
Welter, C.,and et.al., 2021. The road to entrepreneurial success: business plans, lean startup, or
both?. New England Journal of Entrepreneurship.
Wieland, M. and Fill, H. G., 2020. A domain-specific modeling method for supporting the
generation of business plans. Modellierung 2020.
Online
Strategies To Be Followed By Startups In the #NewNormal. 2021. [Online]. Available
Through :< https://www.entrepreneur.com/article/355064>
14
1 out of 17
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
© 2024 | Zucol Services PVT LTD | All rights reserved.