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Business Plan

Business Plan

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Business Plan

Date

Name/Title of Event

Annotation (explanation/summary detailing why the event is important)

Challenges

Opportunities

Strategies to manage risks

Technological advances (relating to production, distribution, and marketing, specific to each category)

Day  

 Executive Summary

Business based on selling healthy products

The business has a vision to promote healthy products

Key points included in the plan are products offered, sales and promotional activities and financial projections

SWOT ANALYSIS

Strength: Unique selling proposition

Weakness: Natural Products are perishable

Opportunity: New Product offering

Threat: Change in prices of raw materials

In order to eliminate the risk of perishable goods, fresh supply will be obtained according to the demand

PRODUCTS

Yogurt, fresh salads and fruits combinations, and fresh juices

Equipment to made juices, modern equipment to reduce labor efforts.

Marketing Plan

Target Market: Student and Staff inclined towards healthy food

The unique value proposition will be used to target audience

Data about products will target audience wants will be obtained using a survey

Products will be provided according to demand to reduce risks

The online survey form will be filled by the students and staff via the Facebook page of School

Operations Plan

Week 1: Initiation and Hiring

Week 2: Construction

Week 3: DecorationWeek 4: Purchase of equipment and raw material

Employees will need to sign a contract of at least three months

Technology will be used to install equipment and construction of the canteen

Financial Plan

90000: Decoration

20000: Raw Material And Inventory

160000: Equipment

200000: Security And Lease Payment

Owners will make a contribution in the capital so there is no risk of unavailability of capital

The research will be done to look for raw materials and equipment that will cost low price

CONCLUSION

The business plan comprises of summary, SWOT analysis of business, marketing, and operational plan and financial plan

Risk planning is done to mitigate all the risks that will be coming in the way

Technology will assist in many ways in the phases of market plan

 

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