Question

Can I get provided a business plan of anything you could think of from the top of your head? I was thinking a cafe/bar/entertainment however if you provide something else that is fine. DESPERATELY need a good mark for this assignment. so Im going to need all the help I can get! the requirements are below

1.Introduction

• A clear introduction of your NEWbusiness idea, make sure that first time readers can understand your business idea.
• Please also don’treuse the business idea which has already been presented in the group assessment.

2.Business Model Canvas(please make the full use of the Business Model Canvas template. Additional information/clarification can be added if necessary, but please be aware of the word limit and balance with other parts of the report)

• Customer Segments
• Value Proposition
• Customer Relationships
• Channels
• Key Activities
• Key Resources
• Key Partners
• Revenue Structure
• Cost Structure

3.Market

(where possible, please support this session with relevant research, facts and figures)

The following (but not limited to) major questions are to be addressed:

3.1. What is the size of the market? Is the market at full capacity?

3.2. What is the growth rate of the industry? How competitive is the industry? What keeps new competition from entering this market (barriers to entry)?

3.3. Is there any trend that is affecting positively or negatively firms in the industry?

3.4. How can the market be segmented?

3.5. Who and Where are the targeted customers?

3.6. Where are customers getting the product now? Who are the major competitors in the market and how strong are they?

3.7. Where is the location of the business? How many customers would potentially purchase from you?

4.Operations and Technology

(where possible, please support this session with relevant research, facts and figures)

The following (but not limited to) major questions are to be addressed:

4.1. What are the options for developing the technology (customer, off the shelf, design by yourself, or subcontract)?

4.2. What technological changes are changing or emerging that may affect the business?

4.3. What are the options for producing the product or service? (in-house, subcontract, license, joint venture or partnership, or a combination of those options).

4.4. What are the options for sales and distribution? (in-house, whole sale, distributors or sales representatives, license, joint venture or partnership, or combination)

4.5. What resources are required for development and are they available to you (skills, raw materials, components, suppliers, facilities & equipment etc)?

4.6. What are the laws and regulation relating to the business? (e.g. industry standards or regulations,  personal certifications, intellectual property (patents, trademarks, copyrights), environmental liability, etc)

4.7. Has the research discovered any moral or ethical issuesthat you might have to address? (Please also refer to the marking rubric in subject learning guide for more information about this criteria)

5.Human Resources

(where possible, please support this session with relevant research, facts and figures)

The following (but not limited to) major questions are to be addressed:

5.1. What technical and management experience is required?

5.2. Who are the owners and what are their roles? (Entrepreneur, Manager, Technical Expert etc)

5.3. What is the ownership structure?

5.4. What are the manpower requirements?

• How many employees will you need in the 1st, 2nd and 3rd years?
• How will you find the right employees?
• How will you compensate employees (pay for time, for production, for knowledge, or a combination)?
• How will you motivate employees?
• What training will they need on an ongoing basis?

5.5. What is the company’s growth strategy?

• How will quality be managed and maintained?
• How will organizational structures change with growth?
• What career paths will employees have available?

6.Finance

(where possible, please support this session with relevant research, facts and figures)

The following (but not limited to) major questions are to be addressed:

6.1. What are the projected Revenues from the sale of your product or service?

• From the market research, what is the selling price per unit?
• From the market research, what is the projected sales volume in "units sold?" and in "dollars sold"?
• What is the total expected revenue?

6.2. How much is the start-up costs and equipment/capital costs (see attached Appendix 1 for the template)?

6.3. Prepare the projected Profit and Loss statements for the first 3 years (see attached Appendix 2 for the template).

6.4. What are the possible sources of financing?

• Where is the money from?
• What are the chances of getting the money?
• What will you have to give up?

Answer 1

1) Introduction : Business model set up in Ukraine for the garment industry where it will cater to both selling to clients as well as participating in fashion shows

2) Business canvas model :

3. Market sizing:

3.1. What is the size of the market? Is the market at full capacity?  

Registered employees the garment industry 2,20,000 as of 2016

Share of export in produced garments is 80-90%. Average net wage income in economy in Dec 2016, EUR 190 as of 2016.

3.2. What is the growth rate of the industry? How competitive is the industry? What keeps new competition from entering this market (barriers to entry)? Up to 90% of the Ukrainian apparel sector is operating in the shadows. This shadow economy has continued to grow, in order to survive in a crisis. In addition some big and medium sized producers have to apply “grey” schemes to “optimize” the cost structure. ( as of 2010 Report)

3.3. Is there any trend that is affecting positively or negatively firms in the industry? In 1990, the garment sector employed 750k workers in the Ukraine which has come to 90k employees. Since 2007, the industry has continued to shrink after a period of growth during the previous decade. The economic crisis exacerbated the already downward trend in the apparel sector, resulting in a reduction of 38% in overall apparel production during the first 6 months in 2009.

In Ukraine, the garment and textile sector is the worst paid manufacturing branch and together with postal and courier activities the worst paid sector of the entire economy

3.4. How can the market be segmented?

Vietnam's European import volume for knitted garments is 1.1% and for Woven garments is 2.8%.

Also in the fashion industry, the main fashion event of this autumn in Ukraine, UFW SS 2019, has already begun For young designers participation at UFW means a chance for their brand to be recognized on the international level.

3.7. Where is the location of the business? How many customers would potentially purchase from you?

Location of the business is in Kiev. Customers would be the known clients ( already networked) and through marekting campaigns for other clients.

4.Operations and Technology

4.1. What are the options for developing the technology (customer, off the shelf, design by yourself, or subcontract)?

Developing technology in two types: product based and service based. Products are machineries and services are designers. Designers would be in-house or on hiring bassis and machineries can be subcontracted

4.2. What technological changes are changing or emerging that may affect the business? NA

4.3. What are the options for producing the product or service? (in-house, subcontract, license, joint venture or partnership, or a combination of those options). Designer would be full time designers ( hire your own tailor and give designing expertise- if you have the expertise, otherwise hire designer as well) product: machinery : subcontract

4.4. What are the options for sales and distribution? (in-house, whole sale, distributors or sales representatives, license, joint venture or partnership, or combination) Sales: point of sale channels through direct or indirect marketing Distribution: Contact the distributors

4.5. What resources are required for development and are they available to you (skills, raw materials, components, suppliers, facilities & equipment etc)? Skills for designing if available or hire experts. Raw materials: Have to visit vendors as per the client requirements

4.6. What are the laws and regulation relating to the business? (e.g. industry standards or regulations,  personal certifications, intellectual property (patents, trademarks, copyrights), environmental liability, etc) IPs ( course in designing) , trade license