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BUS3ENT Individual Business Plan

Referencing Styles : Harvard | Pages : 5

Business Model Canvas

Business people frequently consider whether their speculations will succeed or fall flat, that is the point at which a practicality investigation ends up plainly vital. The investigation is an examination of how productive a wander may perhaps be proficient, considering perspectives which affect the proposed business like innovative, legitimate, monetary and also gauge flow. The table below represents a business model canvas of the proposed business (Trendz).
Key Partners
Commercial Bank Inc.

Key Partners

Commercial Bank Inc.

 

Fabric Suppliers

 

 

 

 

 

Key Activities

Marketing & Advertising

 

Value Propositions

Affordable Designs

 

Customer Relations

Event Sponsorship

Sports Sponsorship

Customer Segments

 

Men, women

Teenagers

Key Resources

Fabrics

 

Minimum Viable Product

 

Clothes

 

Channels

 

Modeling Events (Fashion Runways)

Cost Structure

Marketing and advertising costs

Insurance premiums

Wages and Salaries

Revenue Streams

Overseas Markets (exports)

Online Sales

 

 

           

 Table 1: Business Model Canvas for Trendz Ltd.


Feasibility Analysis


What is a common sense or achievability investigation? The purpose of a plausibility study is to choose whether a business opportunity is possible, rational, and appropriate. Exactly when gone up against with a business opportunity, various confident individuals tend to focus on its valuable perspectives. A common sense examination engages them in researching both the positive and negative parts of the open entryway. We will break down the market, financials, specialized (technical) and in addition, the HR in this feasibility (practicality) analysis.
Market Feasibility
The span of the market for clothes is very huge. Budgetary conditions drive offers of clothes, and bits of information. A solitary organization attempts a restricted partake in the general market request.

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