Detailed Business Plan: Christ Foster Care Services for Social Venture

The assignment presents a business plan for "Christ Foster Care Services," a social venture designed to provide employment and support to differently abled individuals and vulnerable people, including those with criminal backgrounds and children. The plan outlines the company's mission to eliminate societal differences and foster community participation through services such as cleaning, hospitality, and contract packaging. It details the company's start-up nature, operational focus in Australia, and financial considerations, including cash flow projections for the next three years. The plan also addresses the target customer base, value proposition of creating confidence and ethical openness, and the challenges of competition in the service sector. It emphasizes the importance of addressing the non-acceptance of individuals in society and provides a framework for integrating them within their families and the wider community, offering solutions to problems such as business conflicts, health issues, and child abuse. The assignment references various academic sources to support the business plan's concepts and strategies.

C
ASSESSMENT-2
THINKING ABOUT
THE VENTURE

Business ownership
• The established business plan is related to train differently abled people and criminals.
• The venture will be based on social work.
• The proposed business plan aims to avail employment to people who are differently
abled “Christ Foster care services”.

Start-up or existing business
• The company will be an purposeful company that brings out services to disable people and criminals.
• The proposed business is a new start-up business “Christ Foster care services”.
• The company offers meaningful employment for 100 subordinates in relation to cleaning, hospitality,
contract packaging, and administration (Fairlie, 2018).
• On the basis of place, organisation has its own crew of availing services to the Australia.

Mission
• Vision of proposed business plan is to avail training to younger people who don’t
have their families.
• The proposed business plan aims to eliminate the difference between the
individuals, develop spirit of common interest and participate in the community
programs.

Survival purpose
• The organisation “Christ Foster care services” has
the purpose to deliver services in Australia so
that it can serve disabled people in community.
• The building block is to secure home for the
disabled kids and the young people (Srinivasan &
Swink, 2018).
• Proposed business plan will avail range of
services to assist people including family, senior,
community services, and other vocational
services.

Cash flow generation
• Financial score can provide indication of how well organisation finance itself. The
financial statement of charity is not similar to the normal organisations.
• Therefore, the company has not be generate to accomplish appropriate profits to
the shareholders.
• The below table depicts the cash flow generation for upcoming three years-
Year Revenue
(Projected)
Expenses
(Projected)
1 $5000 $4500
2 $7000 $6700
3 $8000 $7900

Business operation
• Our proposed business plan “Christ Foster care services” delivers service in entire
NSW with an aim to support disabled people in the community and provide them
opportunity to work as an employee (Antikainen & Valkokari, 2016).
• Company operates with several community sector so that it can provide services to
the disable people, community housing, and homeless people.

Competitors
• Although “Christ Foster care services” is an community serving company who
support the idea of supporting the disabled company.
• Reshaping of service delivery model for company is well prepared so that it can
serve in the highly competitive environment.
• Existing challenges include the adaption of competition accomplished with the
service providers for commitment, price and quality in order to achieve excellent
support.

Customers
• Proposed business plan is meant to cater the people who do not have secure homes
including both younger people and children.
• The company avails customer based residential institute people between 17 to 37
years, who are suffering from the disability (Payne, Frow & Eggert, 2017).
• The customer include-
• incapacitated people
• Criminals
• Kids suffering from child abuse and other mental issues

Value proposition
The proposed plan will create competitive edge for
the customers as well as other corporates.
In traditional terms, it will create honesty, social
obliged, caring, and ethical openness.
It will create ability and confidence in disabled
people and women, which is the greatest value
created for the society (TU delft, 2018).
(Source: TU delft, 2018)

Meeting of customer
problems• The issue is non-acceptance of people in the society.
• The customer code seeks to guide them to help them
with actions with the integration with the interpersonal
relationship with their family members.
• The demand of the society says that it needs to assist
Children, family and other incapable services.
• The program has extended to any and every part of
society where probability of sufferings include business
conflicts, health issues, and child abuse (Henderson,
Thomas, Herring & Horton, 2017).

References
• Payne, A., Frow, P., & Eggert, A. (2017). The customer value proposition: evolution, development, and
application in marketing. Journal of the Academy of Marketing Science, 45(4), 467-489.
• Åkesson, M., Skålén, P., Edvardsson, B., & Stålhammar, A. (2016). Value proposition test-driving for service
innovation: How frontline employees innovate value propositions. Journal of Service Theory and
Practice, 26(3), 338-362.
• Antikainen, M., & Valkokari, K. (2016). A framework for sustainable circular business model
innovation. Technology Innovation Management Review, 6(7).
• Srinivasan, R., & Swink, M. (2018). An investigation of visibility and flexibility as complements to supply
chain analytics: An organizational information processing theory perspective. Production and Operations
Management, 27(10), 1849-1867.
• Fairlie, R. (2018). Racial inequality in business ownership and income. Oxford Review of Economic
Policy, 34(4), 597-614.
• Henderson, L., Thomas, M., Herring, C., & Horton, H. D. (2017). Business Wealth and the Composition of
Ownership Teams in New Firms: The Role of Homophily and Diversity. Journal of Business Diversity, 17(3).
• TU delft, (2018). Value propostion. Retrieved from: http://2018.igem.org/Team:TUDelft/Entrepreneurship