Business Management Plan for Farmdrop: SWOT Analysis, Operations, Financial Planning and Competitor Analysis

BUSINESS MANAGEMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
Business plan:..............................................................................................................................3
Business plan of Farmdrop..........................................................................................................3
Competitor’s analysis:.................................................................................................................8
Operations....................................................................................................................................9
Financial planning........................................................................................................................9
Monitoring and evaluation:......................................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Business plan is a written document that describe the company core business, activities
and objective or set of action that it is planning to undertaken in order to achieve the end
objectives. Entrepreneurship can be defined as action that are taken by individual to implement
the new plan, ideas of selling goods and services so that it can earn high profit margin. This
report has depicted crucial information related to small business that is Farmdrop which is
engaged in selling organic food products to end customers for satisfaction of their wants in
desired manner. It has covered SWOT analysis, objectives and action that would be undertaken
by firm in future scenario. Study will also explore varied parameters of business plan, for
strengthened functional growth and primitive development as per keen vision oriented paradigms
to bring explorative business benchmarks worked on.
Business plan:
Business plan integration, will be worked on towards strengthened wide scale operations
fundamentally for retained growth primitively. Farm Drop will be able to develop on new
extended products range and services for gaining customers benchmarks worked on rapidly.
Formulation of business plan, will be also heading on towards synchronize extended diversity
goals for connecting towards productive scope worked on fundamentally.
Business plan of Farmdrop
BUSINESS PLAN
Executive summary
This is business plan pertaining to Farmdrop that is planning to grow and expand its business
operation through conducting market research, setting objectives and improving its strategy for
better outcome. This plan has included key information related to mission, company background,
SWOT analysis, products description, competitors’ analysis and financial planning.
Mission statement
The mission of company is “to enable everyone to buy the freshest seasonal food at right price
and direct from local producers”. Company is making use of innovative technology in order to
transparently inform customers about its valuable products and services which further lead in
building relationship between the makers and eaters of real food. Hence, the motive of
organisation is to satisfy the wants of customers by satisfying their wants beyond their

expectancy level.
Vision: Farmdrop company has vision to extend new range of fresh organic grocery products for
all range of customers, with high range commercial expansion goals and advance on wider
productive diversity. Business has to also further scale up extended new technical products and
services, for synchronized innovation and creative vision growth fundamentally on extended
parameters. Vision is also to serve change, by informative new competencies and extended multi
channels operations to determine extended competitive functional goodwill (Chang, 2021).
Company background
Farmdrop is online grocery shop that aims in selling food products that are being manufactured
by local farmers, producers and fisherman to satisfied existing wants of the customers in
effective manner. Furthermore, organisation emphasis on offering farm to table food products to
the end customers living in Great London and different parts of countries. It also believes in
unique business model and digital technology with an motive to bring food and end users closer
for effective satisfaction. Farm Drop strategically aims to adhere towards keen improvement to ej
SWOT analysis
SWOT analysis is model that helps in understanding the strength, weakness, opportunity and
threat of business, so that alternative method could be identified to make optimum use of
available opportunities in external environment. Internally company faces extended challenges,
where business untapped growth fundamentally has to be evolved for dealing with competitive
business benchmarks. Hence, the SWOT analysis of farm drop can be explained in detailed as
follows:
STRENGTH
1. Strong brand image: Company have
strong brand image or reputation in
mind and hearts of the customers that
has influence maximum number of
people to be part of the organisation.
2. Offer better quality products:
Secondly, it can be stated that
farmdrop is famous for offering
WEAKNESS
1. Having small operation: Currently,
the organisation is having small scale
of operation in terms of providing
products and services, employees and
market share in external environment.
In another words, limited market share
lead in creating challenges for smooth
operation of organisation