Enterprise and Entrepreneurship: Business Plan for UV Towel Dryer

Enterprise and
Entrepreneurship

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Future Business Purpose.............................................................................................................3
Customers....................................................................................................................................3
Competitors.................................................................................................................................4
Skills analysis..............................................................................................................................4
2 year profit and loss account and proposed 2 years cash flow forecasts including break
.....................................................................................................................................................5
Even.............................................................................................................................................5
Sources of funds to grow a business...........................................................................................6
Plans for obtaining resources, both tangible and intangible between now and either 1-2 year
ahead. This should include a breakdown of your start-up costs................................................7
Type of management information system that is require in business.........................................7
Vision of Business Idea...............................................................................................................8
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Enterprise refer to identify various opportunities for organisation that assist to bring
competitive benefits in workplace in order to gaining profit. Whereas, entrepreneur is a person
who take initiate for staring a business(Carbonara, Tran and Santarelli, 2020). This report is
based on business plan that will focus UV towel dryer, it refers to device that can be use
providing hot air directly that maintain a freshness and temperature for easy drying. This report
will cover proposed future business, target customer and competitors of product, skill analysis,
plans for obtaining resources, and vision related to such business idea.
MAIN BODY
Future Business Purpose
 Product: The main purpose of business is to produce ultra violet towel dryer in the
market. It can bring through distinct feature that, this can maintain as freshness with an
enormous hours and also handle temperature easily that is helpful in easy drying.
 Innovation: It is an innovative product just because it provide convenience to users as
this can easily dry towel and this is helpful for person to protect themselves with bacteria.
It can generate hygiene that provide security and safety to potential clients.
 Intellectual property rights: This consist patent as a IPR, because this can come up with
innovation that is highly useful for its customers. So, patent is helpful for protecting such
innovation. Basically, this refers an exclusive rights that is only protect some innovation.
Like any product that can arise with new development then this can use patent as IPR.
Customers
 Target audience: It refers to that person who can generate profit in organisation.
Business can choose B2C as their targeted clients, because it is easy to access and helpful
in maintaining strong customer relationship(Coad and Storey, 2021). It focus on middle
to high class people which are comes under in age of 22-25.
 End user: It drive that person who are actually use item. So for this UV towel drying its
customer consider as its end user. Because at last they are those individual who can
consumed such product.
 Buyer of product: The actual purchaser of item is wholesaler, retailer, distributors and
sales person who can buy and sale such specific product in marketplace.