Entrepreneurship and Business Plan for Memorable Gift Shop
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Added on  2023/06/17
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This presentation covers the concept of business model, entrepreneurial competences, PESTEL factors, competition, marketing, sales forecast, and financial projection for Memorable Gift Shop.
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ENTERPRISE AND ENTREPRENEURSHIP
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TABLE OF CONTENT •Introduction •The concept of business model •Entrepreneurial competences with team •Objectives •PESTEL factors •CompetitionandThe product •Marketing the business: Segmentation, Targeting & Positioning •Sales forecast •Financial projection •Conclusion
Introduction Entrepreneurshipisundertakenastheconceptof developing as well as maintaining business firm for obtaining profitability through undertaking various risks within corporate world. This presentation is based memorable gift shop that would innovative gifts. This PPT includes PESTAL factors, STP, sales forecast and others.
The concept of business model Within this business plan, I would going to develop a memorable shop which facilitates innovative gifts for planned, special, annual and other occasions. Moreover, in it I also involves stationary items, greeting cards, antique items and many more. Respective shop would also provide offline as well as online services to its targeted clients.
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PESTEL factors I also performed the PESTLE analysis through undertaking various factors that are mentioned below: •Political factors •Economical factors •Social factor •Technological factor •Legal factor •Environmental factor
CompetitionandThe product During planning, I would also taken care of competitors so it has been analysed that memorable gift shop have various competitors such as top gift limited, suck UK alternative gift and many more. this has beenalsodeterminedthatforsustainingintolongduration,I required to face its rivalry through developing several tactics such as lower costs, offers, discounts and so on.
Marketing the business: Segmentation, Targeting & Positioning Formarketingthememorablegiftshop business,IhaveperformedtheSTP model.Aswithassistanceofthis,I would able o evaluate the commercial effectualness, valuable segment selection as well as application of marketing mix for positioning their products.
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Financial projection Iwouldalsohighlightedthefinancial projectionofTheMemorableGift Shops will require €35000 to start the newbusinessinUK.Ontheother hand, the business has already acquired the funds from market and financial institution which are as follows: ParticularsAmount (€) Bank Loan23000 Issuance of Shares5000 Opening cash balance2000 Total30000
Conclusion The presentation has concluded the various sections of business plan such as new business description, products, marketing analysis, financial analysis etc. Further, the presentation has also concluded theprojectedincomestatement,balancesheetandcashflow statement of Memorable Gift Shop
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