We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Start Up Shoe Business - Essay Example

Comments (1) Cite this document
Summary
HIGHLOWS shoe will have three adjustable heights i.e. high heel, medium heel and low heel. All these three heights can be adjusted in a single product. The heel of this innovative product will be of hard plastic. It can be rotated to adjust the desired heights from three default sizes…
Download full paperFile format: .doc, available for editing
Polish This Essay98.4% of users find it useful
Start Up Shoe Business
Read TextPreview

Extract of sample
"Start Up Shoe Business"

Download file to see previous pages high heel, medium heel and low heel. All these three heights can be adjusted in a single product. The heel of this innovative product will be of hard plastic. It can be rotated to adjust the desired heights from three default sizes. This feature is the key attractive feature of the product. Manufacturing cost of this product would be $25. The company will manufacture this product through their own production unit. It will source leather and other required raw materials from the local suppliers. The quality of this multi-featured shoe will be of premium standard so that it can be positioned in the market among the premium brands. Quality will be checked by the expertise of the company’s manufacturing department. Quality control activity involves checking of quality of lather and pasting. These two components of a shoe determine the overall quality of the product. Customers’ feedbacks about the product at initial stage need to be evaluated to find out necessary revisions in production process or product raw materials. Quality control is one of the most important parts of production process. The quality control department always needs to focus on the industry quality standard and position the brand by comparing general feedback of the customers about quality of this product with respect to other brands. This product will be offered in the market with high standard of customer service like 6 months after sales warranty for any kind of damages of the shoe. New shoe will be provided in case of major damages within 6 months. Production flow of this product will be controlled on the basis of the demand of the product in the market. This strategy will be adapted to faster liquidation of the inventory and lower inventory cycle. Customers’ feedback will be given higher priority for further product development in terms of quality and design of this innovative product. Location HIGHLOWS shoe will be manufactured in Springfield, MA. Springfield is one of the most popular cities in England. The manufacturing unit of this product will be established in this location. Therefore, availability of resources needs to be analyzed in this location. For developing manufacturing and warehousing unit, a large hall will be leased for the next 5 years, and the interior of the hall will be designed. This includes separating the total space into two different divisions like manufacturing unit and warehouse. In the manufacturing unit, required machineries will be installed. Electric wearing will be fixed before the installation of the machineries. The generator facility will be necessary to ensure 24 hour electric supply. Renting the required building will be cost effective for this new business as the initial investment needs to be allocated in various activities like marketing, transportation, working capital management etc. Therefore, the cost of developing a building will be allocated in other operating activities. It is the most effective business strategy for a new business to use rented fixed assets at initial stages, which also helps the company to easily withdraw the business in case of the worst case scenario in terms of market demand of the product. 2 to 3 vehicles are necessary for carrying raw material and also for supplying the products to the wholesalers as well as retailers. Again, to reduce initial capital requirements, this service will be outsourced from local transport service providers. To avoid delayed supply of raw materials, local suppliers will be involved in the production of this product. Legal Environment In order to obtain the licensing of the shoe business, an experienced attorney will have to be hired in order that all the legal requirements of the business are fulfilled and necessary ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Start Up Shoe Business Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Start Up Shoe Business Essay Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/business/1402022-start-up-shoe-business-operational-plan
(Start Up Shoe Business Essay Example | Topics and Well Written Essays - 2000 Words)
Start Up Shoe Business Essay Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/business/1402022-start-up-shoe-business-operational-plan.
“Start Up Shoe Business Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/business/1402022-start-up-shoe-business-operational-plan.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
fe
federicoharvey added comment 1 month ago
Student rated this paper as
The topic of "Start Up Shoe Business" is quite popular among the tasks in high school. Still, this text opens a brand new perspective of seeing the question. I’ll use the style for my own text.
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business Start Up
The author of the essay stresses that it's of paramount importance to work out a business plan with all the important sections including finances, operations, milestone objectives and marketing. According to the text, having a business plan significantly reduces the risks and provides a proactive scope.
8 Pages(2000 words)Essay
Business Start-Up from Scratch
Prior to staring the business, it is paramount to conduct adequate research to find out the best market to venture. Entrepreneurs must come up with strategies that afford them a position ahead of the competition. When thinking of starting a business, measures should be taken to minimize the expenditure and maximize profits.
9 Pages(2250 words)Essay
Nordstom: How to Succeed by Selling Just One Shoe
Ideally, since the start of business, John’s business philosophy was vested on offering exceptional service, best selection, high quality and value. With this, the company has been able to expand and even diversify to offering other products in business.
3 Pages(750 words)Essay
Getting Ready To Start Business
Landlines in the office are optional with the advent of high-speed internet via cable. Either by land line or wireless there needs to be communications from the office. Other communications services and devices to consider are: cordless phone, speaker phone, multiple-line phones, and fax, answering machine, pager and palm organizers.
2 Pages(500 words)Essay
Start-up business support
[1] EMPLOYMENT GENERATION: There will be employment generation for the teeming unemployed youths and graduates who are currently keeping themselves busy with some restive and harmful activities. With responsible means of livelihood, the restiveness and vices will reduce.
14 Pages(3500 words)Essay
New Balance Athletic Shoe, Inc
When engaging in diversification, management must seek a balance between manufacturing efficiency and market desirability. As markets become more heterogeneous, and diverse products are developed to satisfy them, manufacturing efficiency will decline. In Diagram 10-1, product A, which is less heterogeneous than product B, may be the better manufacturing solution but not the better match with market needs.
4 Pages(1000 words)Essay
New Business Start Up
They have established name world wide. Now they are planning to introduce a new product to present a joint venture of their brands of beauty soap and sun block lotion. They have come with this idea through the process conducted by Research and Development Department, procedure of idea generation will be explained later.
15 Pages(3750 words)Essay
Global Businese - Payless Shoe
As the report declares payless shoe is a global business entity that specializes in retail of family footwear and is a household name across all states of U.S. and parts of Latin America and it is an established global business. The point of departure here is the general outline of the structure of Payless shoe.
8 Pages(2000 words)Essay
Macro and micro environment of clarks shoe company
From 1990 till today the major worldwide changes forced the company to make big decisions. They had to expand across the continent and manufacturing only in the UK was not proving
2 Pages(500 words)Essay
Valuing a start up business
This may include balancing demand and supply of money, willingness to pay premium in order to get into a deal and the return on investment. However this valuation poses a lot of challenges especially
2 Pages(500 words)Essay
Let us find you another Essay on topic Start Up Shoe Business for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us