Analyzing Personal Skills for Business & Finance: Organic Makeover

This report details a business idea called 'The Organic Makeover,' focusing on launching an organic makeup product line in London, UK. The core concept revolves around providing organic skincare products using primarily natural ingredients (90%), targeting a broad customer base including men, women, and children. The business model includes both a physical store and an e-commerce platform to maximize growth. The report includes statistical data supporting the UK cosmetic market's growth, especially the increasing demand for natural products post-COVID-19. It also covers demographic targeting, cost projections, ROI analysis, and cash flow forecasts. The report concludes that the 'Organic Makeover' business plan effectively integrates natural raw materials, unique selling propositions, and a well-defined budget to attract customers and establish a strong brand image. The document is available on Desklib, a platform offering a range of study tools and solved assignments for students.

PERSONAL SKILLS
FOR BUSINESS AND
FINANCE

TABLE OF CONTENTS
 INTRODUCTION
 PRODUCT OR SERVICE IDEA
 STATISTICAL DATA TO BACK UP THE BUSINESS IDEA
 BUSINESS IDEA
 INVESTNMENT
 CONCLUSION
 REFERENCES

INTRODUCTION
 The business idea is called as The Organic Makeover.
 The business will launch at London, United Kingdom.
 The idea of the organisation is to provide the organic make
up product to customers that can go by the skin care of the
people.
 The product will be developed with the use of organic
products only so that better nourishment can provided to the
customers.

PRODUCT OR SERVICE IDEA
 The idea is to provide the organic skin care product to the
customers.
 This will involve make up, regular cream, moisturisers
and such like of products that will suit the need of the
customers in the best way possible.
 These products are unique as the 90% ingredients involve
in manufacturing process are all natural; and only 10%
use of chemical that is required and essential to develop
and design such product line are used.
 The company will offer its product line to all category of
customers that involve male, female and children's.
 The organisation will own the store in London along with
it also cater the services over internet with the use of e-
commerce platform.

To Be continue……..
 The business idea is to sale the products offline over store
and over e-commerce platform will allow the venture to
improve the growth possibilities associated with the
organisation.
 The cosmetic sector is highly competitive by nature which
allow the brand to present in the best way possible.
 The price of the product will be the unique selling
proposition of the business idea.
 The products will be manufactured with the use of natural
products that will attract the customers in the market further
the pricing of the product will be a key unique selling
proposition associated with the business idea.
 The price range offer by the Organic Makeover and the
quality of the product will allow the organisation to attract
the buying behaviour of the customer in the market.

STATISTICAL DATA TO BACK UP THE BUSINESS
IDEA
 UK cosmetic market has been growing very rapidly
due to shift in customer taste and preferences.
 Mostly, due to COVID-19 consumer are preferring to
buy natural and healthy products.
 Along with this, market has witness that there has been
increase in the sales of premium skin care and
cosmetic products form 2015-2020.
 This has also increased the growth of fashion industry.

To be continue….
 Demographic:
 The Organic Makeover has decided to attract customer age group
between 17-40.
 It will mainly focus on the female and teenagers as they highly
demand cosmetic products in the market.
 In addition to this, it will produce goods like lipstick, scrub and
hair care.
 Along with this, it has decided to sell their products to large
income group of people as it will produce premium goods.
 The company has decided to make use of natural raw materials as
well as provide the high quality services to their target customer.
 The organization will conduct the business by opening the store
at prominent store as well as through online business in order to
cover the large area of market.

BUSINESS IDEA
 Uniqueness of idea:
 The organization has decided to make use of natural extract that has helped the firm to stand
by in the market.
 Along with this, firm has decided to make use raw material such as coconut oil, onion seeds
etc.
 Organic makeover has decided to make use of less chemical substance. As it can damage the
sensitive skin of the customer.
 Benefit:
 The customer will get great quality of product and services that will contributes in
increasing their loyalty.
 Along with this, by using the natural raw material organization will be unique in the market.
 That will result in building good brand image as well as reducing the high competition.

COST PROJECTION
Particulars Amount
Sales 10,0000
Cost of goods sold (50000)
Gross profit 50000
Selling and Administration
expense
(3000)
Income from operation 47000
Income tax expense (10000)
Net Income 46000
Organic Makeover
Budget Income Statement
January Month
ROI:
Net profit/cost of the investment *100
46000/100000*100 = 46%

Cash Flow
Particulars Jan Feb March April May June July Aug Sept Oct Nov Dec
Cash inflows
Opening 10000 15000 20000 5000 25000 20000 70000 74000 80000 90000 95000 50000
Cash inflow
Sales 10000 15000 20000 25000 50000 30000 40000 25000 80000 55000 20000 60000
Revenue
Other
income 30000 50000 2000 6000 5000 3000 10000 3500 4500 2500 3000 6000
Total cash
inflows 23000 35000 42000 38000 80000 63000 119,000 103500 164,500 147500 118,00
0 116,000
Cash
outflows
Material 2000 1500 8000 8500 3000 9000 10000 12000 15000 19000 22000 27000
Labour 5000 2000 4000 5000 7000 4000 7000 10000 4000 2500 3000 6000
Other
expenses 1500 2000 2500 3000 5000 7000 9000 4000 6000 7500 5500 4000
Administrati
on expenses 3000 4000 5000 8000 9000 7500 25000 1500 6000 8500 6500 7000
Total cash
outflows 10,500 9,500 20,500 24,500 25,000 27,500 28,500 26,500 31,000 37,500 37,000 44,000
Cash

INVESTNMENT
PARTICULARS AMOUNT £
Capital 10,00,00
Staff 50,000
HR Requirements 50,000
Wages 60000
Rent 20000
Raw materials 30000
Manufacturing cost 20000
Transportation 20000
Other Expense 10000
Total 360000
Budget

CONCLUSION
 From the above report it has been concluded that business idea helps the company to
make proper plan in order to launch new products in the market.
 Along with this, it has also summarized about the Organic Makeover that will
provide quality natural cosmetic and skin care products to their customer.
 Furthermore, the study has also depicted about the business plan that will include
the total budget required by the firm to run the business.