Integrated Opportunity Analysis Report and Business Plan
Verified
Added on 2023/06/15
|28
|968
|363
AI Summary
This presentation outlines the business plan for Desklib, an online library for study material with solved assignments, essays, dissertation etc. It covers the product/service description, marketing strategy, financial projections, and more.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
INTEGRATED OPPORTUNITY ANALYSIS REPORT AND BUSINESS PLAN Group 6 December 3, 2017
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Outline of Presentation ●History ●Definition of the Business ●Description of Products and Services ●Definition of the Industry ●Definition of the Market ●The Management Team ●Objectives and Goals ●Financial Data ●Concluding Analysis ●Additional Information
History ●Background/Principles of Business ●Value Concept, Product/Service, Background ●Organizational Structure ●Owner Bio ○Kaleb Neufeld ○Nancy Moua ○Shuchi Kakkad ○Prinyanka Chaudhari
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Description of Products or Services ●Define application that will be developed: ●Status of Research and Development
Description of Products or Services ●Patents, Trademarks, Copyrights ●Technical Information:
Definition of Industry Description of the Industry and Business Fit Eat n Feed is a mobile application that belongs to the Mobile App Industry. The application connects with resturants, cafeterias, grocery stores along with various non profitable organization, food banks and shelters. Huge chances of prosperity is there since food deliving apps have become basic needs for the residents of US. The non profitable motive of Eat n Feed ensure added benefit since grocerry stores and resturants will be able to get rid of their excess productions without wasting them. Entry and Growth Strategy Building a referral program. Introducing a “invite and get discounts” scheme Addoptation of technology to make the app user friendly
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Definition of Industry Licenses, Regulatory, and Compliance Requirements Business lisence and a food handler’s lisence is required (Rohmet al.,2012). Eat n Feed needs to choose a service area with enough consumers having stable finantial conditions Resturants and groccery stores, which are accessable within 20 minutes should be contacted. A delivery menu with a variety of resturants should be developed. Barriers to Entry for Competitors The major competitors of Eat n Feed are Shlpt, Instacart are amazon prime now. Popularity of the competitors can act as a major barrrier for Eat n Feed.
Definition of Industry Barriers to Exit in Case of Venture Failure Cost of payment of the rent Cost of dismissing the staffs Closure costs of inter related businesses
Definition of the Market Who Needs Help? People dependent on Food banks, NGOs and shelter for food need help. Who Benefits? Consumers who needs home delivary of foods and groccery items. The non profitable organizations, food banks and shelters Groccery stores and Resturants How Much Does it Cost? The gross pricing of Eat n Feed is about $9000 per month.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Definition of the Market Market Size/Trends The market for Eat and Feed is vast since the rapidly growing demand of apps that delivers food and groccery items. Market Penetration and Market Share and Sales Projections Market penitration of Eat n Feed is 10% since it is a new entry. Despite the fact that Eat n Feed is a new app in the mrket, the market share of the application is 9%. The sales projection of Eat n Feed is $13000 monthly. Gross and Operating Margins/Pricing Gross and oparating margins of Eat n Feed are 10% and 8% respectively.
Definition of the Market Analysis of Competition Being a new entry in the market, Eat n Feed has to go through major compitition coming from Grubhub, DoorDash, UberEats , Eat24 and others (Cho, Park & Lee 2014). However,The application’s non profit motive is imposing a positive psycological impact on the consumers as well as on the sarrounding environment. This is acting as a benificial factor for the appliication as it is increasing refferal.
References Cho, J., Park, D., & Lee, H. E. (2014). Cognitive factors of using health apps: systematic analysis of relationships among health consciousness, health information orientation, eHealth literacy, and health app use efficacy.Journal of medical Internet research,16(5). Rohm, A. J., Gao, T. T., Sultan, F., & Pagani, M. (2012). Brand in the hand: A cross-market investigation of consumer acceptance of mobile marketing.Business Horizons,55(5), 485- 493.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Objectives and Goals ●Quality Assurance Plans and Service Support ●Profit, Revenue, Cash Goals, Potential and Profit Durability ●Development Status and Timetable Schedule
Financial Data ●Fixed and Variable Costs ●Break-Even Analysis
Financial Data ●Projected Income Statements ●Projected Cash Flow Analyses
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Financial Data ●Projected Balance Sheets ●Pro-Forma Ratio Analyses ●Projected Statements of Changes in Financial Position ●Cost-Volume-Revenue-Profit Analyses and Tax Implications