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Eco-Villageois: A Start-Up Waste Management Company in Manchester

   

Added on  2023-06-12

28 Pages6310 Words133 Views
Running head: ENTREPRENEURSHIP
Entrepreneurship
Name of the Student:
Name of the University:
Author Note:

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ENTREPRENEURSHIP
Executive Summary
Eco-Villageois has their mission of the company to capture the leading position in the national
integrated waste management industry. The company focuses on working in the best competitive
environment for delivering the sustainable waste solutions and value based services that meet the
needs of UK market. The business is targeting 65% of the market in Manchester. The business is
expecting 15% return on investments on this market. The company is also focusing on receiving
at least 30% of market share ensuring business profit level.
The company can raise funds from the government, bank loans developing awareness programs,
municipal corporations, and local NGOs. The company might ensure a onetime investment on
establishing the bio gas plans and waste truck. The profitability of the business is ensured from
the municipal disposals in the city. The company does not need to pay amount for collecting the
disposals as these will be collected from the garden bins and the city disposal areas.
The company can be positioned in the supermarket area and the nearby location of the grocery
shops. People in UK are more likely visiting the departmental stores from get the products of
their choices. The products offered by the company can be placed on these stores to make them
available to the customers. It is assumed that if the awareness is not developed properly, this
could be a major challenge for the waste management companies to enter. On the other hand, the
current advanced world has been promoting new business ideas due to which the competition is
extremely higher. A high level of investments on infrastructure, technologies, and human
resources are essential.

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ENTREPRENEURSHIP
Table of Contents
1. General Company Discussion......................................................................................................4
1.1 Name of the Company...........................................................................................................4
1.2 Type of Legal Entity..............................................................................................................4
1.3 Ownership..............................................................................................................................4
1.4 Significant Assets..................................................................................................................4
1.5 Mission Statement.................................................................................................................5
1.6 Goals and Objectives.............................................................................................................5
1.7 Company Strengths and Core Competencies........................................................................5
1.8 Industry..................................................................................................................................6
2. Opportunity, Industry and Market...............................................................................................8
2.1 The Opportunity.....................................................................................................................8
2.2 The Industry...........................................................................................................................9
2.3 Market..................................................................................................................................11
3. Strategy......................................................................................................................................12
4. Business Model..........................................................................................................................13
5. Team- Management and Organisation.......................................................................................14
6. Marketing Plan...........................................................................................................................16
7. Operational Plan........................................................................................................................18

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ENTREPRENEURSHIP
8. Financial Plan............................................................................................................................19
Start Up Expenses......................................................................................................................19
Profit and Loss Forecast..............................................................................................................0
Cash Flow Forecast......................................................................................................................2
Balance Sheet...............................................................................................................................0
Reference List..................................................................................................................................1

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ENTREPRENEURSHIP
1. General Company Discussion
Companies associated with the waste collection services industry generally collect both
hazardous and non-hazardous wastes and recyclable materials. The non-hazardous waste often
includes the industrial and commercial waste as well as the municipal solid waste.
1.1 Name of the Company
Eco Villageois is a start up waste management company, which is located in Slateford
Road in Manchester. It deals with the recycling and reuse of the wasted products and selling
those more innovatively to earn profits.
1.2 Type of Legal Entity
The company is a separate legal entity owned by the entrepreneurs and the shareholders.
The board of managers manages the decision-making process and associated officers and
employees perform the operational functionalities. The company is licensed under the regulatory
rules of UK government. The company pays one-time tax directly to the government. The
associated shareholders maintain their taxation process separately.
1.3 Ownership
The company is fully owned by the CEO of the company, who is an entrepreneur. The
CEO takes the active participation in the decision-making process related to the business
decisions and operational confirmations.

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ENTREPRENEURSHIP
1.4 Significant Assets
The company is entirely depending on the financial and the human resource capitals for
developing the entity and make profits. These financial and human resources are the significant
assets of the company are adjusted according to the needs and demands of the market.
1.5 Mission Statement
The mission of the company is to capture the leading position in the national integrated
waste management industry. The company focuses on working in the best competitive
environment for delivering the sustainable waste solutions and value based services that meet the
needs of UK market. The mission statement of the company also specifies the dedicated focuses
towards providing professional, caring, and responsive services by using the most of
technological innovations. These advanced technicalities are ensured for preventing the
environmental hazards and protecting the environment from wastes.
1.6 Goals and Objectives
Having a vision of responding more effectively and quickly to the environmental
incidents, the company is utilizing the advanced technological equipment and making the
positive movement towards protecting the environment. It is expected that the fist twelve months
of the business may not ensure the profit. However, the objectives are set to make profit
thereafter. The determined objectives for the business are as follows:
To develop the waste management concerns among the customer base
To ensure growth of the profit by 10% in the second year of the business
To estimate 15% return on investment in next few years

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