Business Report on Dew-fresh Flower delivery - Term Paper Example

Variable Costs -These vary with the daily operations of the business. Ending Cash Balance -This is inclusive of the final sums, the cash balance, less all the costs of the business. A BUSINESS PLAN Introduction Jane and Mike have prepared a business plan which is a statement of their business’s goals, the process they intended to use in order to ensure that the business would be successful. The main concerns surrounding a startup business is the issue of viability and whether the business will be sustainable and profitable over time.

Jane and Mike to write up a business plan so as to express themselves better to the bank and also to illustrate and introduce their business to the bank’s Business Loans Management.The following is an illustration of their business plan.In the business planJane and Mike included a mission statement,keys to the business,the market analysis of the target area and a breakeven analysis of the business after it’s launched. Mission Statement Dewfresh Flower Delivery is a startup business which will provide a door to door flower delivery service to the affluent neighborhood of Weybridge and Asher.

Keys to Success The key to our business success is determination, preparation, professionalism, confidence and vision. We are determined to do all it takes for the success of our business. Even when things may seem to be a little bit bleak, we will always push ourselves to overcome the situation facing us. We are also fully prepared to undertake our business though we are also balancing preparations and action. We are truly confident about our business, ourselves and the abilities that we possess in order to make it successful.

We are fully committed to ensuring that our business is successful and it will become the household name when it comes to service delivery in Esher and Weybridge.For one to have the determination and confidence in a business, you should have a vision for your business. We do have the vision of how our business should be and also where it’s headed. We are also very professional and intend to carry out our business with professionalism, to our customers and also other stakeholders in the business environment.

Market Analysis We have done a market analysis and have determined that the business is attractive and viable. We have researched on the existing opportunities within the business environment and also the possible threats to our business. We have researched on the market size, itstrends, and marketgrowths among other factors influencing a business venture in the market. Breakeven Analysis The following is the breakeven analysis table which illustrates the business monthly breakeven units and sales.

A break even analysis is important in establishing the sales volume a business needs in order to start getting profits. ANTICIPATED QUESTIONS AND ANSWERS Promotions and advertising In today’s business world, the internet has become an easy and effective way of promoting one’s business and reaching a wide range of people. For our business we have already in the process of setting up a website so that people can reach us easily and order online for the package that he or she wants. At the comfort of one’s home or office we will be able to deliver flowers either at home or the customer’