Sample Assignment on Business Idea
Added on 2021-02-20
16 Pages3938 Words28 Views
Business Idea
Table of ContentsINTRODUCTION...........................................................................................................................1MARKET ........................................................................................................................................63.1 Size of the market and full capacity of market.....................................................................63.2 Growth rate and competitiveness in industry. What keep new competition from enteringthis market...................................................................................................................................63.3 Any trend that impacts firm in positive or negative manner.................................................73.4 Different ways to segment market........................................................................................73.5 Who and where are targeted customers................................................................................73.6 Where are customers getting product now. Major competitions in market and theirposition in market........................................................................................................................73.7 Location of the business. How many customer will purchase product.................................8OPERATION AND TECHNOLOGY.............................................................................................84.1 Different options for developing the technology..................................................................84.2 Technological changes that may impact business.................................................................84.3 Various options for producing product or service ................................................................84.4 Options for sales and distribution.........................................................................................84.5 Resources required for development and their availability to company...............................94.6 Laws and regulations related to the business........................................................................94.7 Moral and ethical issues related with business.....................................................................9HUMAN RESOURCES..................................................................................................................95.1 What technical and management experience is required......................................................95.2 Owners of the business and their role.................................................................................105.3 Ownership structure of company........................................................................................105.4 Manpower requirements for concerned business................................................................105.5 Growth strategy of company...............................................................................................10FINANCE......................................................................................................................................10
6.1 Projected revenue from the sales of product or services of company.................................106.2 How much is start-up cost and equipment/ capital cost .....................................................106.3 Project profit and loss statement for first three years .........................................................106.4 Possible source of financing................................................................................................10CONCLUSION..............................................................................................................................11
INTRODUCTIONBusiness idea refers to a concept that can be used for financial gain that is basicallycentred on a product or service that can be provided for money. This assignment is related toCarhone partnership Plc. which deals in retail sector and producing grocery products. Itmanufacture various grocery products like Chocolates & gum, coffee, tea , beverages, driedfruits, nuts and seeds etc. The business idea of the company is that it manufacture qualityproducts according to needs and demands of the customers and sell them at affordable price. Sothat each income group of customer can able to purchase them. Basically this organisation targetchildren fir chocolate & Gum, Adults and professional for tea and coffee products. The mainconcept of this business is to gain profit though the sell of products which are produce accordingto the customers demands. BUSINESS MODEL CANVASIt refers to a graphic representation of a number of variables that show the values of acompany. This model was developed by Alexander Osterwalder and Yves Pigneur. This modelcan be used as strategy tool for the development and growth of a new firm. It also help inanalysing the situation of an existing business. This model defined nine categories which refer tothe building blocks of a company. The business model canvas of Carhone partnership Plc. ismentioned below which is helpful for the new business of this firm:1
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