Professional Skills for Business and Finance

This presentation discusses the significance of professional skills in the business and finance field. It also presents a business idea for a men's grooming product and explores the potential for investment. Statistical data is used to support the viability of the business idea in the UK market.

PROFESIONAL SKIILS
FOR BUSINESS AND
FINANCE

Table of Content
 Introduction to the pitch
 Product or service idea
 Statistical data to back up the idea
 Why the idea is investable
 What the investment would be used for
 Conclusion

Introduction to the pitch
Professional skills remain essential in order to attain the business
objectives in right direction. Finance and accounting
practitioners in several different sectors may find job
opportunities. If someone is applying for the role of CFO,
Staff accountant, Financial Scheduler or Financial Adviser, it
will note that such roles have some popular roles and
terminology. The business idea in the field of Men’s grooming
is proposed in the UK market.

Product or service idea
Now a day, Men’s grooming entities are rapidly growing sector in
all over the world. Thinking of men towards grooming or
mentoring is altering in society. Earlier the grooming trend was
considered a skill of presenting the personality in more attractive
only for girls, women. In this age of modernisation personality
development and grooming sector is emerging at next level.
Considering the popularity and emerging scope of grooming
industries a business idea of “Style in Shine” proposed.

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Shine Aloe Vera Gel is ideally enriched with substances that
cure, hydrate & cool. It would therefore be one of Europe's finest
Aloe Vera gels for men skin and hair. This exfoliates dry areas of
the body despite creating an oily appearance, removing dead skin
by blocking the pores and smoothest the surface, offering a
healthy glow.

Statistical data to back up the idea
It is observed that the average selling price of men's haircuts fell
from 19 British pounds in 2012 to 12 British pounds in 2014
throughout the last three years. Most expensive medication in
a hair salon for males was the treatment or massage, which
both cost 33 British pounds in 2017.

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Average cost of male hair and beauty salon treatments in the
United Kingdom (UK) from 2012 to 2017, by type (in GBP)
(Source: Male hair and beauty treatment costs in the United Kingdom (UK) 2012-2017, 2017)

Why the idea is investable

Why the idea is investable

What the investment would be used for
The seed capital of £50000 will be used a working capital for the
business project. The capital will have utilised in managing the
day to day expenses and addressing the daily resources
requirement for building the product. 35% of seed capital will
be utilised in installation of initial infrastructure of
organisation. 10% of initial capital will be invested in further
revenue generated sources.

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At initial level the raw material for the manufacturing the product
is required to purchase in adequate quantity so that
organisation be able to produce the goods and services to meet
breakeven point. Salary to staff, electricity and day to day
running expenses would be compensated with the proposed
business project.

Conclusion
The above presentation presents the understating of professional
skills for business and finance. A business idea of men hair
grooming product is presented to get an initial investment
form Dragons Den. With the authentic use and an impressive
business idea will help the entrepreneurs to generate financial
resources in give span of time. statistical data is able to justify
the sustainable growth of the proposed business idea in the
UK.

References
Assiter, A., 2017. Transferable skills in higher education.
Routledge.
Rushton, D. and Lahlafi, A., 2013. The value and impact of cross
professional collaborations in developing student information
and academic literacy skills at Sheffield Hallam University,
UK. Nordic journal of information literacy in higher
education. 5(1). pp.38-43.