Business Plan: Bake and Love Bakery - Comprehensive Project Report

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Added on  2022/12/27

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AI Summary
This business plan project focuses on 'Bake and Love,' a retail bakery, detailing various aspects of its operations and strategy. The plan covers different types of business organizations, capital requirements, organizational structures, and marketing strategies. It also includes the layout of the business, human resource requirements, target market analysis, budget, roles, and activities within the organization. Furthermore, it assesses the bakery's competitors, strengths, weaknesses, and the relationship between the organization and the business environment. The plan concludes with a summary of the key findings and provides references for further research. The bakery aims to establish itself in the South Ealing area of London, focusing on traditional baking methods and a strong customer focus. The project explores financial aspects like startup costs, licensing, equipment and rent. It also covers marketing strategies including pricing, promotion, and product offerings. The business plan also analyzes the competitive landscape and the bakery's strengths and weaknesses to ensure its sustainability and success.
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BUSINESS PLAN
Bake and Love”
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Table of content
Introduction
Different type of business organization
Amount and type of capital required
Different organization structure and marketing strategy
Layout of business
Human resource requirement
Target market of business
Budget of business
Roles and activities
Competitors, strength and weaknesses of business
Awareness of relation between organization and business environment
Conclusion
References
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Introduction
Business plan means a formal document which includes all
objectives, ways through which objectives can be achieved and
allotted time to achieve all goals and objectives. An organization
makes a business plan to establish effective methods and
strategies in order to achieve growth, to analyses all financial
needs which will be achieved in future and also attract investors.
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Bake and Love
Bake and Love is a retail
business which has
established its business both
in high street as well as deals
online also. It is located in
the area of Wadham gardens
greenford middlesex of
South Ealing area in
London. It is famous because
the bakery is using effective
traditional methods for
baking food. The company
took help of Zoopla as its
British real estate company
and is assessed to property
group.
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Price cost to pay
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Business organizations are established
in order to carry on the commercial
enterprise. It defines how businesses
forms a structure and how will they
achieve goals and objectives. There are
four types of business which involve
sole proprietorship, partnership,
cooperation and limited liability
company.
Different type of business organizations
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Partnership: - It is mostly established under the form of a legal
agreement and is done between two or more parties. Both partners
together invest in the and whatever profits are been earned it is
shared by both of them and if company incur any loss then it had
to bear by both of them.
Continue..
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CONTINUE…
Limited liability company: - It is
a form of a private company in
which the business owners are
not the only one who is
responsible for organisation debts
and liabilities. It involve features
of corporation of both
partnership and sole
proprietorship.
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Amount and type of
capital required
In context with the company, the start up cost was between
$50000. They require different kinds of capital in terms of both
fixed capital and working capital.
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Different organisational
structures and marketing
strategy
Organisational structure refers to a
system which involve certain
activities like coordination, allocating
tasks in order to achieve business
goals. There are different type of
organisational structure like
hierarchical organisation structure,
functional organisation structure, flat
organisation structure, divisional
structure and many more.
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CONTINUE…
Functional organization structure: - In this type of organization
structure, all positions starts from top only till the lower level but in
this case of organization structure workers are been aligned according
to their skills and talents and are assigned job role according to that..
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Marketing strategy
It means a complete business plan in reaching certain consumers and
making them as customers of their company products and services.
There are five strategies of marketing and these are product, place,
price, promotion and people.
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