D1. Present a comprehensive business proposal that addresses all relevant aspects of business
start-up.
In this presentation, I will present a comprehensive business proposal that addresses all relevant
aspects of my business start-up. We will go over six important subjects regarding my business. Enjoy.
Introduction
Business plans are an important business start-up step for many small business owners, especially
those who are pitching their business ideas to investors or credit institutions for funding. Because of
the vastness of information to be included, business plans can also be one of the most overwhelming
parts of starting a business.
My work (presentation) will include the following six things:
1. Ownership
2. Company Description
3. Unique Selling Point
4. Market analysis
5. Marketing strategy
6. Financial analysis
1. Ownership
I have chosen to be a sole trader, as I’m that kind of personality, which feels
much more comfortable to work on my own. In case of success, I would like
to expand my business to two stores in the United Kingdom, with Manchester
being my second favourite place to operate my business. I also based my
decision of published research from Euromonitor. According to Euromonitor:
“Consumers are attracted to private label not only because of the lower
price points, but also because quality also follows”. Getting this information
from such a reliable source only motivates me even more to start up this new
business. The benefits of being a sole trader are:
Control – Sole traders maintain full control of their business. Running
it how they please without the interference of others.
Profit retention – Sole traders retain all the profits of their business.
Private data – Information about sole traders is kept private, unlike
that of limited companies which is necessarily made public after
registration with Companies House.
Specialist – Often a small business, sole traders can offer a more
personal service with local roots and ties. This can be more appealing
to potential customers in the local community.
Personal – Because there is no need to confer with other decision
makers, sole traders can make decisions quickly and act on them
swiftly, providing for the needs of their customers.
2. Company description
It all started a few years ago. I went to the United Kingdom to see my family and they got us grilled
cheese for breakfast. It was a horrible first time experience cause the food was bland compared to
the cheese we have in the Netherlands. The next time I went to the United Kingdom, I brought a
piece of Dutch Old Amsterdam cheese for my family to taste. They prepared the grilled cheese with
Dutch Old Amsterdam cheese and their reaction was absolutely priceless. Ever since they had this
type of cheese, they ask me to bring a piece next time. After seeing more parts of the United
Kingdom, I discovered that the cheese was the same everywhere I went. That’s why I’m introducing
my own made Dutch Old Amsterdam.
start-up.
In this presentation, I will present a comprehensive business proposal that addresses all relevant
aspects of my business start-up. We will go over six important subjects regarding my business. Enjoy.
Introduction
Business plans are an important business start-up step for many small business owners, especially
those who are pitching their business ideas to investors or credit institutions for funding. Because of
the vastness of information to be included, business plans can also be one of the most overwhelming
parts of starting a business.
My work (presentation) will include the following six things:
1. Ownership
2. Company Description
3. Unique Selling Point
4. Market analysis
5. Marketing strategy
6. Financial analysis
1. Ownership
I have chosen to be a sole trader, as I’m that kind of personality, which feels
much more comfortable to work on my own. In case of success, I would like
to expand my business to two stores in the United Kingdom, with Manchester
being my second favourite place to operate my business. I also based my
decision of published research from Euromonitor. According to Euromonitor:
“Consumers are attracted to private label not only because of the lower
price points, but also because quality also follows”. Getting this information
from such a reliable source only motivates me even more to start up this new
business. The benefits of being a sole trader are:
Control – Sole traders maintain full control of their business. Running
it how they please without the interference of others.
Profit retention – Sole traders retain all the profits of their business.
Private data – Information about sole traders is kept private, unlike
that of limited companies which is necessarily made public after
registration with Companies House.
Specialist – Often a small business, sole traders can offer a more
personal service with local roots and ties. This can be more appealing
to potential customers in the local community.
Personal – Because there is no need to confer with other decision
makers, sole traders can make decisions quickly and act on them
swiftly, providing for the needs of their customers.
2. Company description
It all started a few years ago. I went to the United Kingdom to see my family and they got us grilled
cheese for breakfast. It was a horrible first time experience cause the food was bland compared to
the cheese we have in the Netherlands. The next time I went to the United Kingdom, I brought a
piece of Dutch Old Amsterdam cheese for my family to taste. They prepared the grilled cheese with
Dutch Old Amsterdam cheese and their reaction was absolutely priceless. Ever since they had this
type of cheese, they ask me to bring a piece next time. After seeing more parts of the United
Kingdom, I discovered that the cheese was the same everywhere I went. That’s why I’m introducing
my own made Dutch Old Amsterdam.
