• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

In order to find out what consumers look for in a accessories shop we have produced the following questionnaire.

Extracts from this document...


Our business idea is to sell jewelleries mainly for girls. At this idea people will able to buy jewelleries such as rings, necklaces, earrings and many other things. We have chosen to sell our products in Queen's Park College that is in the London Borough of city of Westminster. We are providing this service as people have to wear accessories, the accessories we will sell will be elegant and above all our services will be cheap and convenient. There are many different retail shops outside the Queen's Park College supplying various services and goods such as a newsagent shop, pub and a fish and chip shops. But there are no accessories services available. We have chosen to sell accessories as simply because there is no accessories shop available at Queens Park College. Our business will be called Reneboy and Pravin accessories partnership. Our business will be a partnership operator as this is the easiest way to set up. Being a partnership there are less regulations that we would have to comply with but with selling accessories we will have to obtain permission from the head of the College. ...read more.


We will use the method of random sampling we have chosen this as it is convenient. The above pie chart shows the number of males to females in the college. The pie chart shows that more men go to college than women, as women are more likely our customer we have spotted a problem. The above graph shows the number of people we interviewed and how many consumers buy accessories. The graph clearly shows that the average person we interviewed buy accessories at least three times a week. By doing the above survey we have found out that the demand exists for our business would likely to run efficiently. The above graph has indicated to me that demand for our service exists. The graph clearly shows that the number of people buying accessories is positive and there are potential customers out there. The above graph shows how many people that we interviewed would buy accessories in our business. The results are a very good indication of that the business would run effectively. ...read more.


Finance In order to run our business effectively we need to sufficient amount of finance and the management of money is a crucial aspect. How ever the costs of opening our business are in a small amount. To be able to run an effective business we will have to use our own money. Conclusion We believe that we have completed the business plan to the best of our ability and also took into account the various aspects needed to run a successful business. In order to complete the business plan accurately and also taking into account the latest changes in the market. We had to find out if the business we would produce a plan for would work. We had done extensive market research to find out this. The market size was a bit difficult to measure but our questions in the questionnaire and ourselves observing lead us to expect that our products have a place in the market. Overall we feel our business will gain a lot of custom in a relatively small period of time. We feel that we have taken all the necessary procedures into account whilst producing this business plan. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. I am opening a new shop in my local area; this shop is going ...

    There is centralised decision making in my business. Emma and I are the two main decision makers and if Megan or Lucy has any ideas they will pass the information to either one of us. With there only been 4 people, including me, working in my shop there will be no need for any other communication apart from talking.

  2. At present, the owner (Mr Chohan) has a pizza outlet in West Bromwich. He ...

    The types of information I will need are market share figures, potential growth within the market and other facts and figures to do with the market. My secondary information will come from sources such as the Central Library, use of the Internet and various books.

  1. Understanding a Company's Strategy - What to Look For.

    Reconfiguring Value Chain Systems to Lower Costs -- Software Industry Reconfiguring Value Chain Systems to Lower Costs -- Software Industry How Internet Technology Can Revamp Company Value Chains ? Internet technologies allow some value chain activities to be bypassed entirely.

  2. Will a game shop in the UK be successful?

    The aims for my business are the following: 1. The survival of the business in the harsh competitive world. 2. To make enough profit to keep the business going and to expand worldwide. 3. The satisfaction of the customers. Market research: We do market research to understand what the customers need.

  1. The Lies of The Body Shop.

    extremely concerned about the environment, and that they run an ethical business between the company and its franchisees. In his article, "Shattered Image," Jon Entine takes down each of these claims with proof of serious misdealings. He found with the help of cosmetic expert Zia Wesley-Hosford that The Body Shop

  2. I will be comparing the difference between types of ownership and the industrial sector ...

    they please * May form into partnership if wanting to DISADVANTAGES * Capital is limited to the owners because of borrowing money to start off * Owner has sole responsibility with all concept of the business * Success of the business relies on the individual to how much input is

  1. My business idea is to open a fish and chip shop.

    In order to keep the costs to a minimum I will put great emphasis on the operational process. My aim will be to provide the highest level of customer service. By doing so and pricing my goods competitively I will overcome my competition thus increasing sales and making a profit.

  2. Marketing mix assessement to find a business idea to build and run - I ...

    My shop would be in the CBD of Chester-le-street so it is close to everyone in the region, obviously people outside Chester-le-street will have to travel into it but that is the case with everything. Video store I will try and get every possible video and style of videos that

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work