This business plan is for a small business in the FMCG industry that aims to sell organic soap. It includes details on the product, manufacturing process, value proposition, marketing strategies, management personnel, and financial documents.
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Assessment Brief 1 Small Business Management LSBM305 Student ID: Name : Company Name: Product/ Service Name :
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1.0 Executive summary •This report is considering the product of FMCG industry which is organic soap. •The firm has several opportunities in the market such as it is capturing the market share of those peoplewhobelieveinhygieneandnatural products.
2.0 Business description and structure Reasons for operating business •Thereareseveralformsoflegal structure available in every country. •One of the form is business, in this eachactivityisconductedwiththe purposeofearningprofitswhichis necessary tosustain in the business environment.
2.0 Business description and structure •The organisation is deciding to sell organic soap,itisthetypeofsoapwhichare designed for every age group because there aremanufacturedbyconsideringthe numerous factors such as skin type and able to be used in any type of weather. •This soap does not provide any harm to the body because it contains natural herbs and other ingredients.
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2.0 Business description and structure •The organisation is deciding to sell organic soap, it is the type of soap which are designed for every agegroupbecausetherearemanufacturedby considering the numerous factors such as skin type and able to be used in any type of weather. •This soap does not provide any harm to the body becauseitcontainsnaturalherbsandother ingredients.
Explaining manufacturing process, method of inventory handling and other operational details •Establishing of machinery •Collection of raw material •Setting of temperature •Cutting of soap
Describing value proposition to the customers Value proposition: •Itreferstotheprocessofsatisfying customers by identifying their needs from the specific product or service. •Itisastrongweapontobuildthe reputation as well capture huge market sharewhicheventuallyresultinthe increased revenue
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3.0 Market research and strategies •The marketing mix is a plan which is used toknowtheoverallfeaturesofthe product. For understanding the strategies adopted by the Manufactures of organic soap can be explained by using the four Ps of marketing
3.0 Market research and strategies •Product •Price •Place •Promotion
4.0 Your marketing strategy
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5.Management and personnel •The management personnel of the organisation can be described as given below- •Chief executive officer: •The CEO of the organisation is Harvard edigale, he is serving job from 15 years and having a specialisedknowledgeinthefieldofFMCG products. He has a passion for reading books and articles.Besides,businessactivitiesheisalso contributing in corporate social responsibility
6.1 Financial documents -profit and loss statements
6.2 Financial documents - Balance sheet
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8.0 Reference list •Bevington, K.and et.al., 2019, December. Improving climate data visualization and information dissemination on the US drought portal through user experience (UX) design. InAGU Fall Meeting Abstracts(Vol. 2019, pp. PA33C-1103). •Lipp,M.,2021.BusinessPlan-VorlagenimInternet–EinevergleichendeDarstellungim deutschsprachigen Raum. •Nawi, N.F.I., 2021. Business Opportunity: Smily Orchid Bakery and Cake Company. •Polite-Powers, A.R., 2020. School-Based Oral Health Care in Rural Areas of Charleston County: Recommendations for a Business Plan for Rural Federally Qualified Health Center Intervention.
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