Business Plan Project: Water Harvesting in NSW - Term 3, 2019

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AI Summary
This project presents a comprehensive business plan for a water harvesting project in the coastal region of New South Wales (NSW). It begins with an analysis of the business issue, including potential solutions and information sources like water audits, employee incentives, and rainwater harvesting systems. The project then delves into market research, focusing on the Central Coast region, identifying key suppliers, and assessing the demand for water tanks. It examines government policies, including local and state rebates, and the importance of quality assurance. The plan addresses financial and accounting issues, such as profit margins, cost management, and accuracy. It explores "whole life considerations" to optimize costs and includes a section on contract law, outlining legal essentials for business operations. The project emphasizes the importance of water management, ecological balance, and saving water, presenting a detailed business case for the water harvesting project. The project covers various aspects of business planning, including executive summaries, financial analysis, and legal considerations, making it a valuable resource for students and professionals alike.
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Business Plan
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Table of Contents
Task 1...........................................................................................................................................3
1A: Analyzing the business issue:...............................................................................................3
1B: Obtain information................................................................................................................4
1 C:...............................................................................................................................................4
1 D:...............................................................................................................................................4
Task 2...........................................................................................................................................4
Task 3...........................................................................................................................................5
TASK 4 –.....................................................................................................................................6
TASK 5 –.....................................................................................................................................6
TASK 6........................................................................................................................................7
Task 7...........................................................................................................................................8
7a..............................................................................................................................................8
7b............................................................................................................................................12
7c............................................................................................................................................12
Bibliography...............................................................................................................................13
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Task 1
1A: Analyzing the business issue:
List of information or tools available:
1) Free indoor water-use audits and water-saving retrofit kits.
2) Encourage employees by having competition and rewarding schemes to save water and
minimum use of it1.
3) Use of Toilets and TAPs with the help of automatic sensor to have water reduction
capabilities.
4) Use of tissue paper with printed water saving tips on it.
5) Rainwater harvesting systems detention from roofs and collection the aquatic in casks,
underground tanks, to be secondhand for drives that do not necessitate the similar high-level of
conduct as intake water.
6) Substituting taken rainwater for doings such as lawn spraying, horticultural or car laundry
saves currency and vigor desirable to treat and conveyance community water and assistances
decrease the use of water from the stream and groundwater2.
7) By sending mails to each employee about saving water tips along with daily quotes.
8) To encourage each employee to plant a tree and make water table level up and to run
campaigns on roads.
9) Reuse, recycle and resell products used in toilets and taps.
1 Rochelle Holm, , Wales Singini, and Simeon Gwayi. "Comparative evaluation of the cost of water in
northern Malawi: from rural water wells to science education." (2016) 48(47) Applied Economics: 4573-
4583.
2 Mariana Matoso. "Pathways to professionalised community water services in a protracted crisis: a case
from Juba."
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1B: Obtain information.
Roman can visit the market and get the idea of current technology available about saving water
and recycle it. Roman can organize meets-up with local and govt. authorities to know about
water issue and solutions to reduce its consumption and wastage. Roman can organize
competition amongst employees to get the idea of re-use, recycle and resell. Roman can convince
his company head to install some of the toilet and tap utility as demo and see if it is giving good
ROI. Roman can tell stakeholder requirement to use rainwater harvesting over rooftop,
rainwater-to-potable systems and sensors to reduce dependency on water source for electricity.
They can also go into market and tell various vendors about use of napkins and tissue more
instead of water3.
1 C:
The climate change is the biggest opportunity for the Roman that to examine that and place a
business idea according to that. Roman can use the business idea that has planned for the
business. The Roman can use the opportunity into an business idea and that can create profit for
the company.
1 D:
Conduct of Research
The situation shall been summarized and explaining of the impoortnace of the situation
Detail the solution that was implemented
Results Analyzation4
3 Mariana Matoso, "Supporting sustainable water service delivery in a protracted crisis: (2018).
Professionalizing community-led systems in South Sudan."
4 Jan Engelmann, Mohammad Al-Saidi, and Johannes Hamhaber. "Concretizing Green Growth and
Sustainable Business Models in the Water Sector of Jordan." (2019): 8 (2) Resources 92.
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Task 2
The market of Central Coast is very huge and the tasty products. By analyzing the market it has
been found that the climate of the Central coast changes very fast and there is less rainfall in the
region and due to that there is a water shortage in the area. There are some of the good suppliers
in the areas who supplier water services in the areas that are:-
Heritage Water Tanks- The tanks of heritage is known for catching more rains as the
collection system of the rainwater that collects roof water and 22% of water can be saved.
Central Coast Water Tanks- with the consultation with the central coast water tanks that
provides the ways to make the suitable tanks for us. The company can take help with the
rebate schemes of the state and local government and forms5.
Bushmans- The Company provides tanker that provides with guarantee. The tanks had
been manufactured with High Density Poly Ethylene (HDPE) that provides excellent
chemical resistance.
There are the various water tanks that have provided with the best quality products as analyzed in
the market research and have mentioned some of the water tanks company that can help the
organization in making an business success. The company has the idea in the central coast looks
very good because there is less rainfall in the region and that creates more requirements for the
storage of water. This creates the more demand for the water tanks in the region.
Task 3
A There are two types of government bodies one is local body and the other is central
body. The goal of the local bodies that to harvest rainfall water.
5 St John Day and Tim Forster. "Water, Sanitation and Hygiene in Post-Emergency Contexts: (2018).A
study on establishing sustainable service delivery models."
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The state government role is also concern about the same and has the goal that the
people or organization input water tanks to harvest the water
These both bodies goals that maximum water can be utilized and can be used for
irrigation and for drinking water
B There are various rebate policies that are in the Ronal business case that the company
can provide. The company can minimise the ecological footprint for the Central
Coast area and the polices of the government is to provide rebate schemes to those
these helps the company in various ways.
In the Ronal business case it has been provided that more work for local businesses
and the climate helps in growing the business
The more business provides more employment that means the economy will improve
of that region and that benefits both the company and the people of that region.6
6 Rossella Alba, , et al. "Water Brokers: Exploring Urban Water Governance through the Practices of
Tanker Water Supply in Accra." Water 11.9 (2019): 1919.
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C
The company have to maintained a quality assurance program
Regular testing is required by the company for the drinking water
The warning signal should been there if there is chemicals, E. Coli or blue green
alage is present in the water
Regular check of the water supply system
TASK 4 –
Roman while developing his business case will face issues which will directly affect to his
business. The main financial or accounting issues and needs are-
Profit margin ratio- The foremost important for every business is the profit and its ratio to
distribute it. Roman needs to be aware of this while conducting the business and its operations.
The ratio decided will make the work smoother and accurate and will be easy in calculations.
Also the chances or problems will definitely reduce.
High cost or any hidden cost - The problem which is ignored sometimes or finds no to be so
important but this is the actual mistake because if the cost if the cost is high profit will be less
than decided and its bad for business, so Roman need to be aware of this and should work on
ascertaining it which will benefit in present as well as future.
Proper management of accounts – For an appraisal accounting, it needs to be perfect as much as
it can be. All the rules should be followed and all guidelines should be remembered. If any fault
is done in following accounting principles or any policy then the problems will arise. So if not
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wanted that the problems should arise the main focus should be on following principles, systems
and accounting standards and this need to be undertaken by the Roman for his business
operations.
Accuracy – All the methods and process should be done with accuracy. The accounting of
accounts needs to be done in proper system of double accounting because accuracy is important
for profit to be ascertained. If any mistake is done in this then all the results will be mistaken and
can cause a heavy loss to the business.
All the above mentioned issues are common for every business but play an important role. So a
proper awareness needs to be there who is operating business and work according to the needs
and day to day changing environment. The dynamic environment brings opportunity but also a
risk comes with it in joint so proper understanding of environment is also a necessary component
for the business.
TASK 5 –
The “whole life considerations” means the systematic consideration of all relevant costs and
revenues associated with the acquisition and ownership of an asset. While developing a business
all the cost incurred in initial and till now is measured and the lowest one of them is preferred for
future. This consideration is very detailed and also a longest method but also an appropriate for
the business to run. In this all the costs are measured and this includes fixed cost, variable cost,
an opportunity cost and many more. Also for this a proper source and full details of every
operation is required and for same qualified professional to which will carry all the measures
needed to be done. A proper strategy needs to be there which can make the method easy and can
minimize the cost and work in accordance of that strategy only.
All the cost is compared with the rest one and calculates the income coming from it and which
the best income with minimum cost is chosen for the future. The benefit of this is to optimize
cost of an asset, analyze the most cost effective investment decision and to make it run for the
upcoming time, also establishes operation and maintenance cost, and to provide a sustainable
management with a agenda of maintaining a high profile in today’s economy. This initiates the
employees to work in a team and also the appraisals are provided for the best work so all
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employees do their best and also give suggestions and makes company goal accomplish. The
whole life consideration is mainly used for long term projects in high profile accompany because
it includes high risk with high profit.
There are some points which will benefit the business if put in use like – use of renewable
products, use of products which minimize energy, use of specification products to reduce
maintenance, replacement or cleaning cost also the strategy of 3R(reduce, reuse, recycle) can be
used7.
The list of considerations which can be seen are - initial capital costs, procurement costs, rent,
facilities management, energy and management costs, maintenance, cleaning, financing costs,
opportunity costs, staff, other equity cost and security costs, disposal value costs, refreshment
costs and many more which are also included in this. In this also a cost sheet prepared for this on
which base it is calculated. This all things are used to minimize the business cost8.
TASK 6
The contract is done by two or more parties which form an agreement and then it comes in
enforcement of law. So for the contract or law to be called legally valid a business manager
should operate it according to the provided guidelines and rules. The contract done by Roman
with the other party will include the essentials of a legal binding contract and they are – an
agreement needs to be there which cannot be unilateral, a consideration, capacity to enter in legal
relations, intention of parties, certainty is must. All this essentials form a binding and legal
contract which Roman also done for its trade practices. The local Government makes policy for
the business to conduct their activities in which they detail each and everything and also if
someone breaks or does not follow then punishment is also there.
The business is setup but viewing all the ingredients like facilities, trade practices can be
conducted; laws can be followed, easily available of resources and many more. Also Roman took
these ingredients under a proper care and set plans which will help in economy’s growth to. The
7 Ibid
8 At 4
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economy growth is also important as of business so the methods should be used according to that
also.
Task 7
7a
Business Case
The business case is of the project of the water tanks for the water
harvesting in coastal Region of NSW. The aim is to save the water and for
that various initiatives had been taken
Presented to
Roman
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Executive Summary The water management is very important and for that the company is
initiating a project for which Roman has initaiated a project report and in
which various things about the project has been initiated and who are thw
member and their responsibilities. The goal of the project is maintain teh
ecological balance and to save water and to generate jobs. The cost and
benefit analysis been made whether it has the advantage to the company
or not and what it can helps the society and that has been initiated the case
that has helped the case that has allowed in the case.
Issue Water shortage
Employment issue
Lower economy
Ecological Footprint
Anticipated Outcomes The outcomes from the initiative as more people are motivated from the
step and move forward to save the water
Recommendation It has been recommended that the company can rather appoint a team that
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can initiate the programs for these rather than making a project
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