Detailed Business Plan: Shop Express Ltd. (Grocery Store) Analysis

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Added on  2022/12/28

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This report presents a comprehensive business plan for Shop Express Ltd., a grocery store. The plan outlines the company's mission, objectives (including a 30% profit target), and strategies for success. It includes a market analysis, identifying target customers and the competitive landscape, highlighting competitors like Cactus, Cora, and Delhaize. The report details the company's products and services, which include a grocery store with various sections, along with its marketing strategies (TV, radio, and social media). The plan also covers pricing strategies, startup expenses, and financial projections, including a cost-benefit analysis and cash flow forecast. The business plan includes a section on the company's strengths, such as online service and a focus on healthy food options. Finally, the report includes a list of references used in the creation of the plan, covering topics like entrepreneurship and small business management.
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BUSINESS PLAN
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Shop Express Ltd
It is an grocery store
It contain 5 section
Each section have a single type of the
product
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Objective of the Business
To earn an profit of more than 30%
To able to do a proper start up
To achieve proper amount of
sustainability
To carry business process smoothly in the
organization
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Mission of the Business
Provide better working environment
Quality product and services
Building good relationship with client
Long term sustanibility
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Financial Position of Company
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Marketing strategies
To promote the business with the help of
Television media
To promote the business in radio media
It will also able to do the marketing in
various other social platform
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Product and Service of business
All the items which are available in
grocery store
Packaging of restaurant service in their
Ready to Eat section
Door to Door food Delivery Services
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Market of the business
Local customers of the city
It also penetrate the market by the
choice and behavior of the customer
It will take into consideration of age
group of market
It will also take the lifestyle factor into
consideration
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Strength of the Business
It will able to provide the service in online
mode
It is giving more emphasis upon the
healthy food
Providing 24/7 service to the customer
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Competitor in the Market
Many similar company in the market
Cactus the biggest competitor of the
company
Cora and Delhaize can be consider as
stick competitor
Different shopping center will also affect
the business.
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Pricing Strategies
Low cost of the product
Bundle Pricing Method
Physiological Pricing Method
Combination of many other pricing
strategies
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Start up Expenses
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Forecasted Cash Flow
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Cost Benefit Analysis
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GRAPH PRESENTATION
Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21
0
50000
100000
150000
200000
250000
300000
Forecasted Cash Flow
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NET CASH FLOW
0 1 2 3 4 5
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
8000000
9000000
Net Cash Flow
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Bibliography
Botha, M. and Robertson, C.L., 2014. Potential entrepreneurs' assessment
of opportunities through the rendering of a business plan. South African
Journal of Economic and Management Sciences, 17(3), pp.249-265.
Burns, P. and Dewhurst, J. eds., 2016. Small business and entrepreneurship.
Macmillan International Higher Education.
Burns, P., 2016. Entrepreneurship and small business. Palgrave Macmillan
Limited.
McKeever, M., 2016. How to write a business plan. Nolo.
McKenzie, D., 2015. Identifying and spurring high-growth entrepreneurship:
experimental evidence from a business plan competition. The World Bank.
Scarborough, N.M., 2016. Essentials of entrepreneurship and small business
management. Pearson.
Simón-Moya, V. and Revuelto-Taboada, L., 2016. Revising the predictive
capability of business plan quality for new firm survival using qualitative
comparative analysis. Journal of Business Research, 69(4), pp.1351-1356.
Ward, J., 2016. Keeping the family business healthy: How to plan for
continuing growth, profitability, and family leadership. Springer.
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