Starting a drycleaning or laundry business is profitable in almost any city around the world where day to day life is on a busier pace. If you are opening a laundry service or dry cleaning business and want to run it successfully, a detailed business plan is a must. Once you know the basic details about starting a dry cleaning or laundry business, you must develop a proper business plan. This article will help you if you are looking for:
Brainstorming session should be conducted by each group to consider several business ideas. One idea need to be chose and a business plan should be prepared. Table of contents 4. What is the name of the company?
To whom the business plan is prepared? Who are the owners or partners of the company? What is the correspondence address? Purpose of business plan i. Why the business plan is prepared? Is the purpose to get financing?
Who asked for the financing? How much financing is needed? What is the main product; good or services, the company is planning to offer? What are the main characteristics of the product?
What form the business is? Why the form is preferable? Why the location has been chosen? Organizational plan Who are the key members of the management team? Product What products the company is planning to offer? Who are the customers of the company What market segment are these customers in?
Competitors Who are the major competitors? Where are the competitors? What are the weaknesses and strength of the major competitor? Price What price to charge for the product? Is the price competitive? Why customers willing to pay for the price?
Promotion What promotional strategy to be adopted? Why the company plans to adopt the strategy?
Place How the company will market the product? What is the most appropriate distribution channel to be adopted? Financial plan How much is the project cost?
How much capital invested by each member or partner? What is the source of financing? Appendices Attachment of every supporting facts or relevant documentsBe noted: Therefore, a total hour each group has to finish this assignment is 32 or 40 hours.
Total would be 20 minutes.
Time accuracy is very crucial. For those who cannot complete the presentation within the given time, marks will be deducted. Therefore, a good rehearsal should be conducted before the real presentation takes place. Due date 3rd April Font size- Arial 11, spacing Introduction should be very interesting and the audience should be addressed well b.
For the content, the information and examples should be organized systematically, accurately, relevantly and completely. Clear summary is provided. All group members are able to answer questions very well and confidently.Microenterprises are four times less likely to obtain funding from commercial banks ..
72 Figure Only a third of Malaysians think that they have the capabilities to start a new business .. 72 Figure r UNIVERSITY OF MINNESOTA STAFF AADALEN-ABRAHA 93 Staff Directory The Staff Directory contains listings for academic personnel, full-time civil service personnel, part-time civil service personnel, and retired.
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Keeping focused on the bottom line will help you organize this part of the business plan; think of the operating plan as an outline of the capital and expense requirements your business will need to operate from day to day. Introduction To Business (MGT)Prepared by: Ms.
Sabariah Begum bt Chik (UiTM Dungun) GROUP ASSIGNMENT Students are required to form groups consisting 4 or 5 members per group. department of materials science and engineering annual report +.