BA30591E - Serve Natural: Organic Food Business Plan & Market Analysis

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Added on  2023/06/15

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This report delivers a comprehensive business overview, market analysis, and marketing and sales plan for 'Serve Natural,' a partnership firm offering high-quality organic food packages. It outlines the business type, products, and services, employing Porter's five forces model for industry competition analysis. The report details the target customer segment, positioning strategy, and mission statement, identifying competitors in the UK market. The marketing and sales plan covers customer acquisition, promotional strategies, capital requirements, and competitive advantages, emphasizing the business's commitment to quality, taste, affordability, and societal well-being through sustainable practices. The business plans to operate from London, offering products both online and offline.
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BA30591E – Introduction to Business
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Table of content
Introduction
Business overview
Market analysis
Marketing and sales plan
Conclusion
References
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Introduction
The presentation aim to deliver business overview, market
analysis also, marketing and sales plan. It will show how
different organisational structure work in the business
environment.
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Business Overview
The Type of business and name:
Name of the business is to Serve natural. This business will be a partnership firm as sole-
proprietorship is a separate entity which does not involve engagement of any other person in
business decision. Whereas, partnership is formulate with two or more people in which they share
equal rights in profits and losses.
Types of business:
Sole proprietorship:
Partnership
Limited liability:
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What products and services offered by
the business?
Serve natural provide high quality food packages which are
produced with ingredients like organic, natural flavours, antibiotics
and no-added chemical substances. These food packages include
soups, snacks, candies, cookies and beverages.
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Business Overview (continued)
Porter’s five forces model
This model is effective to understand industry competition and
potential market factors.
Threat of new entry:
Bargaining power of suppliers
Bargaining power of buyers
Threat of substitute
Competitive rivalry
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Market Analysis:
Who will be your target customers
STP analysis:
Segmentation: Serve natural will target customer form
above the age group of 10.
Targeting customers: serve natural will mainly target
middle average income.
Positioning: create position through advertising and
discounting.
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Market Analysis (Continued)
What is your mission statement?
Serve natural looks for the health and wealth of the society for which they
contribute in the sustainable business growth.
Who are your competitors?
Serve natural has their competitors in UK market such as Organic, Tesco, Asda.
What makes you the best?
The quality and a great taste of food makes the best organic food delivery by
Serve natural.
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Marketing and Sales Plan
How will your customers learn about your business?
Customer will aware about business advertising through online platforms
How you’ll encourage customers to tell others about your business?
serve natural will encourage customer to give feedbacks and ratings.
How much capital do you need and briefly why?
The required capital is $50000
What are your plans for promotions and offers?
promotional plans include advertising, campaign through social media
and offers at each product purchase.
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Marketing and Sales Plan
How you will remain competitive
To be competitive, regular offers, strategies and promotions will be take place.
What are your 3 goals of successful business for your customers?
To serve best quality
provide enriching and delicious taste to meet hunger.
Remain affordable and money worth.
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Summary
Who: Serve natural will be established by two partners.
When: The business will be operate on 15 December 2021.
Where: The shop will be at London. High street market.
What: provide natural and organic food packages.
Why: To reduce health problems and enhance quality of life.
How: the products will be sold through both online and offline platforms.
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Reference
2McKenzie, D. and Sansone, D., 2019. Predicting entrepreneurial success is hard:
Evidence from a business plan competition in Nigeria. Journal of Development
Economics, 141, p.102369.
Fichter, K. and Tiemann, I., 2020. Impacts of promoting sustainable entrepreneurship
in generic business plan competitions. Journal of Cleaner Production, 267, p.122076.
Tokarski, A., Tokarski, M. and Wójcik, J., 2017. The possibility of using the business
model canvas in the establishment of an operator's business plan. Torun Business
Review, 16(4), pp.17-31.
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