Detailed Business Plan and Analysis: Electric Bikes/Scooters and Gears

This report presents a comprehensive business plan for an electric bikes and scooters venture, detailing the entrepreneurial opportunity within the market. It includes an introduction outlining the concept and objectives, followed by a main body that delves into various aspects such as product features, business models, target segments, and market analysis. The report explores micro and macro environmental factors, including PESTEL and Porter's Five Forces analyses, to assess market size, growth potential, and competitive landscape. It also covers the Unique Selling Proposition (USP), mission statement, and team capabilities. The conclusion summarizes the key findings and emphasizes the importance of strategic planning for success. This assignment is designed to provide a thorough understanding of the electric bike/scooter business, equipping students with the knowledge to develop and evaluate entrepreneurial opportunities within the industry.

Car repairing garage

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Entrepreneurial Opportunity........................................................................................................3
CONCLUSION................................................................................................................................9

INTRODUCTION
Entrepreneurial opportunity can be defining this function which are performed in order to
meet needs of entrepreneur perform function and meet needs. These are related to performing all
those function which can be used to meet needs. There is different factor which has to be
involved in order to meet needs a perform function in effective way. In relation to current report,
there is discussion about different aspects of Electric bikes/ Scooter and gears. There is
discussion about different micro and micro environment factor.
MAIN BODY
Entrepreneurial Opportunity
Topic/Domain Key Questions Your notes and evidence
Name The name of the business Electric bikes/ Scooter and gears (Retail)
Product What products/services
will be provided?
This is business which is associated with
factor which is associated business, products
and services. This is an electric bike as well as
scooters. This is firm which will helps in
meeting and performing needs.
Features What are the
product/service features?
Features of electric bikes & scooters-
Environmental friendly
Easy to use
Less expensive
Inbuilt 6 amp socket
Concept
Statement
A clear and succinct
statement of the offer
This is energy efficient bikes which have to be
used in order to achieve business function.

Business Model How the business will
create value?
What activities will be
undertaken?
How will resources be
used?
This is helpful to meet needs and perform
values. This is effective and helps in fulfilling
needs of customers through providing with
quality of product. Under this, firm offer
products at appropriate discount rates and use
offers according to new trends.
Under this, both physical and non-physical
resources which has to be used. Under this
there are promotion, advertising,
manufacturing of electrical equipment etc.
Segment Who, precisely, are the
customer who have the
pain?
Under this, firm is going to target all those
customers which are related to particular age
group. Under this firm in going to target
customer on from young age group.
Micro-Market
test What customer pain will
your offering resolve?
What differentiated
benefits does your
offering provide?
What evidence do you
have that customers will
buy?
What evidence shows
that the target market has
potential to grow?
In relation to current business environment,
this is identified that due to high level of
traffic intensity and wastage of time.
Customer are facing problems. These motor
bikes are helpful in elimination high traffic as
well as helps in saving energy because of
effective technology. 6-amp inbuilt socket
will be used in new bikes which is helps full
in meeting needs and performing function in
effective way. This will help I achieving
better function and using tools according to

What other segments
could benefit from a
related offering?
needs of firm. This will also work in removal
of to remove this fault, electric bikes &
scooters will be able to deliver inbuilt socket
for charging. Under this there are several
products which ae offered by firm in meeting
needs. In this time of digital tools and
technology. This can be seen that there are
different firms which are using tools and
increasing trends of automobile products in
market. Some of these are KIA, MG Hector,
Tesla has grown in auto mobile industry due
to providing of electrical products.
Market Carefully define your
market
e.g. UK mobile phone
market
e.g. European
commercial vehicles
market
U.K. Auto mobile & manufacturing
industry-
This can be seen that there are number of
function which have to be seen by firm in
order to achieve business function. This can
be seen that there are different factors which
he to be use in business firm and a will helps
in meeting needs. European vehicle market,
country has invested 60 billion in 2019 &
2020
Macro market
test
RESEARCH
How large is the market
you are seeking to serve?
How fast has it grown?
How fast will it grow in
the future?
What trends can you
identify that will affect
PESTEL analysis
This can be seen that there are number of
function which have to be use in order to meet
needs and performing business function
according. This is because there are different
needs which has been growing sentence past
time. This is impacting on firm and are

your business e.g.
economic, demographic,
technological, regulatory
needed to be analysed according to needs of
business environment. There are large number
of firms which are dealing in this business.
This make it essential for business firm to deal
with changes and performing in effective way.
This is identified that there are number of
function which have to be used in accordance
with needs of business environment. Here,
this is mandatory for firm to use tools such as
Pestle analysis. This will help in scanning
external environment and taking decision
according to needs. In social factor, it too gets
affected such as because of changing needs of
behaviour, attitude of customers etc. Then, in
technological factor, due to frequent changes
of technology such as batteries, advanced
gears etc. have negative impact on product.
Then, economic factor too impacts on product
& business because it includes tariff & non-
tariff, foreign trade policies etc.
Political: It can be defining as those function
which are related to impact of political factor
on performance of business firm. This can be
said that there are number of changes which
has to be used in order to meet needs has to
performed in effective way. These has their
direct roles in function of firm.
Economic: In context of chosen firm. This
can be evaluated that there are number of
economic factors which has to be used in
order to meet neds of current business

environment. These are associated with
business environment function and meet
needs effectively.
Social: It can be defining as that function in
which manager has to manage all those social
trends which can impact on business
performances. In this, there are regular
changes in trends which have to be evaluated
according to needs.
Technological: There are different function
which have to be used where changes in
technology in major factor which have to be
consider by firm in order to meet needs. This
is associated with management of function
and performing in effective way.
Environmental: This can be seen that there is
different factor in natural environment which
have to be use in order to achieve better
results.
Legal: These are those factor which are
related to use of rules and regulation which
have to be used according to needs. These
have direct impact on perforce of business
firm.
Industry Carefully define your
industry
What industry will you
compete in?
Auto mobile industry-
This can be defining as that industry which is
related to business of bikes and other
automobile. Under this, firm is using different
approaches which are related to,
manufacturing, development, marketing &
selling of motor vehicles. This is largest

industry in terms of revenues and also
performing its function to serve customer.
Macro industry
test
RESEARCH
Is it easy or difficult for
companies to enter this
industry?
Do suppliers have the
power to set terms &
conditions?
Do buyers have the
power to set terms &
conditions?
Is it easy or difficult for
substitute products to
steal your market?
Is competitive rivalry
intense or genteel?
Porter Five Forces Model- This is effective
model which is used in order to perform
function and achieve business objectives by
scanning business environment where firm is
working. This is effective to use and manage
roles according to needs.
Bargaining power of supplier- Under this
industry, it is identified that supplier has high
power this is because there are limited number
of supplier to the products and services
offered by firm.
Bargaining power of buyers- Power of
buyer in their market of firm is low. This is
because there are large number of buyer in
market which can be used by firm in order to
meet needs.
Industry rivalry- This is important factor
for the chosen firm in business market. This is
because in this, there are number of factors
which can be used to achieve better results
and perform in effective way.
Threat of new entrants- This factor has
lower threat in this market. This is because
there is different factor which are impacting in
business firm. This is because there are
number of restriction in this firm.
Threat of substitutes- In this, threat of
substitute is moderate as in U.K there are
many few brands which provide 6 AMP in

socket charge inbuilt.
Industry – micro
Industry domain
– Micro level
Under this, it is evaluated that there are
number of factor which have to be used in
order to meet needs. This is helpful for firm in
order to meet needs. There are different
strengths and weakness which has to be used
in order to perform in effective way. These
are essential to meet needs and perform in
effective way.
USP analysis-
Under this, there are different factors which
are evaluated to meet needs and perform
business activists. USP of current form is
depend on their innovative approach and
function which are performed to meet needs.
Here, firm will focus on customer centric
approaches where manager can use to archive
business function.
Mission
Statement
To enhance use of sustainable energy.

Team – Mission,
aspiration, risk
propensity
In relation to firm, this is evaluated that there
is strong commitment toward work and
achieving business results. This is associated
with achieving business values in the sector is
related to achieving better results.
Focusing in core operations and performing in
better way.
CSFs This is effective function which has to be
played by firm in order to meet needs and
perform all function in effective way. Some of
these are discussed below:
 To Increase of share & demand of
customers within market.
 To make Focuses on service oriented
and customer centric
Team – Can you
and your team
execute?
Yes , this is effective process and helps me in
meting all these needs where group efforts
will helps in meeting needs of employees and
performing in effective way.
Team – your
connections
matter
Connections at workplace matters a lot as
with it drives collaborative practices. My team

has positive connection with each other &
with external sources.
CONCLUSION
This can be seen from the above mentioned information that there are number of factors
which have to be used to meet needs and perform in effective way. This make it essential for
firm to perform function and archive better results according to needs and manage roles in
effective way. This is also seen that there re number employees which are performing according
got objectives which will help in in functioning towards common goals.