Business Plan for Foot Pie: Assessment of Feasibility and Value Chain Analysis

Business plan

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
Explanation of Business concept................................................................................................3
Assessment of industry, Market, Organisational and financial feasibility..................................5
Explanation of components of value chain and business model canvas:....................................7
Quantitative and qualitative concept and explanation of risk to be managed:..........................10
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Business plan will termed as the statement that shows facts and figures about the start-up of
business. It covers its aims, targets and varied lines for accomplishing their objectives. It is a
path of the business that involves variety of business and functional viewpoints. It is an essential
written statement that are utilised for influencing finance before setting up of management. The
following report covers new start-up management titled Foot Pie. The company provides varied
seasonal and local foot wears to their consumers (Apostolopoulou, 2021). It offers footwear for
both male and female in order to maintain dealings with them. The report involves statement of
management in the manner with its key sectional of features such as goods and facilities,
orientated target market, values, special aspects, scope and size of new venture. It include
categorization of market, organisation, financial and managerial practicability. It maintain key
factors of managerial framework section in order to their planned management. As it also
involves quantitative and qualitative framework and organisation of risk.
TASK
Explanation of Business concept
Products and Service – Foot Pie is a management that offers certain outlook of footwear to
their consumers. The management are providing fashionable and ceremonial shoes, heels, flats
sandals and many more. It will maximise the attention of individuals with their classic collection.
Customer require collaboration of footwear with their family members. Such issues are resolved
with Foot Pie management. The management are also made various changes in foot wear as
according to their consumers if they have any special wants.
STP analysis
 Segmentation - Segmentation will termed to the procedure of separating overall market
into various fields. As the basic fundamental procedure is to develop diverse sections that
are based on certain attributes and aspects (Cerro Olarreaga, 2021). As there are diverse
sort of segmentation that involves geographical, demographic, psycho-graphic and
behavioural. Foot Pie is the management that offers high qualitative foot wears to their
consumers that can buy by high class individuals. It will also offers their facilities in the

United Kingdom to extend it for further. For it, the management is following the
segmentation as per to the geographical factor.
 Targeting - Targeting will define to the procedure by which they will concentrates on the
diverse divisions of target that will support the management in maximising computation.
It involves diverse factors such as size, scope, profitability and many more (Chambi
Canahuire, Quiber Valdeyglesias, and Quispe Salazar, 2021). Foot Pie is a management
that are managing their target activities as on the basis of profitableness as they are
maintaining the premium consumer sections.
 Positioning - Positioning will termed as the procedure of developing a well-defined
conception of goods and facilities in respect to overcome the challengers in the field of
market place. As there are diverse sort of positioning that involves symbolical
positioning, data based positioning and experimental orientation. Foot Pie is the business
of management that provides operational positioning for their goods and facilities by
offering varied statement of issues to their consumer.
Special attributes
Foot Pie is termed as one of the management that offers high attributes of goods and facilities to
their consumers to order to have high term of productivity. It will offer effective adaptability to
consumer by which they will choose their favourable footwear and if there is some issue related
to it, then in that case they will replace it by changing with another foot wear. It will provide
potential term of goods and facilities to their consumer in respect to hold them for longer period
of time.
Values – Foot Pie is the management that are developing values for their goods by providing
effective qualitative goods. Such management are also offers effective consumer facilities in
respect to maximise the consumer satisfaction as effectively (Duval-Couetil, Ladisch, and Yi,
2021). They also offers classic and vintage set of foot wears as per to the needs of consumers by
utilising effective set of materials in it, in respect to increase consumer satisfaction.
Scale of business – The management of Foot Pie is starting their organisation with small
business as they are starting with single store. But they are maintaining their dealings to extend
their scale of the management for further basis of development and attainment in the field of the
marketplace. Such sort of the management is also offering their goods and facilities by online