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Business project 1
- 2. Location
- 3. Reason •For the convenience of both Sellers and Customers •To aid new students with affordable and quality goods for their academic endeavours •To reduce wasting of quality raw materials
- 5. Some of the products we are retailing: • T-squares • Setsquares • Scale rulers • Geometrical Sets • Spray Paint* • Paint* • Colour Palet (Tray) • Paint Brushes • Generic Rulers • Books • Recycled Materials (All kinds) • etc The nature of our business falls into the category of Retailing And the name of our potential business is Re’Taylors.
- 7. OUR MARKET • TARGET AUDIENCE : COLLEGE OR UNIVERSITY FRESHMEN • LOWER/ MIDDLE CLASS INCOME • WELL-EDUCATED
- 8. OUR COMPETITORS OTHER STATIONERY STORES BOOK STORES ARTS AND CRAFTS STORES
- 10. Seller Save money via reselling Save time for finding buyers Buyer Save money Very convenient Easy accessible US The risk is low A good headstart because eco friendly job Low Cost Market range is strong
- 11. Selling Strategy
- 12. Advertising -Maximum exposure to public -Major Event ; Orientation Party -Student as our human resource -Extra rebate for participant of events -Company packaged with the idea of ECO
- 13. Management Strategies At Re’Taylors we incorporate both services and goods into a flexible platform that connects both sellers and consumers directly. We as a partnership, provide retailing services allowing sellers to sell their goods to customers easily. Our Purpose: •For the convenience of both Sellers and Customers •To aid new students with affordable and quality goods for their academic endeavours •To reduce wasting of quality raw materials
- 14. THE MANAGER TREASURER ACCOUNTANT EMPLOYEE JOB SCOPE Manager - oversees the general health of the business Assistant - takes manager's responsibility when needed. Helps the manager the business on a daily basis Accountant - keeps track of finances
- 15. FINANCIAL PLAN • We decided to contribute RM100 for each person. Total: • RM100 X 5 = RM500 • Capital = RM500
- 16. Sales Forecast
- 17. CONCLUSION • Retailing:- A) Used quality goods B) Quality raw materials What is so unique about us? A) Wide range of potential goods B) Wide range of target market C) Flexible prices (Economically Friendly) D) Eco-friendly E) Local Target Market:- A) Students B) Staffs C) Lecturers D) Humans!