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

An example of a business plan. My business is to start up a online clothing/retail store using just the internet

Extracts from this document...


P5 Business plan: My business is to start up a online clothing/retail store using just the internet, i will achieve these by such aims that will make my business a success for example my aims in the first year of business will be: * survival * increased profit * growth * increasing market share My addressees for this online store will be largely teenagers looking for new clothes and styles etc... Marketing my business: - A website - A telemarketing crew - Flyers - Posters - a small billboard advertising - Freebies to start Using these platforms I can market my products also using social networking sites advertising my products etc... ...read more.


The idea came from when I saw a gap in the market for this specific business type also using my usp's to beat other competitors. The benefits to the community are big as this is a local business making the place first come first serve as they are closets to this service. A strength could be: * Your specialist marketing expertise. * A new, innovative product or service. * Quality processes and procedures. * Any other aspect of your business that adds value to your product or service. A weakness could be: * Lack of marketing expertise. * Undifferentiated products or services (i.e. in relation to your competitors). ...read more.


* Price wars with competitors. * A competitor has a new, innovative product or service. * Competitors have superior access to channels of distribution. * Taxation is introduced on your product or service. My marketing plan: The research I would do is general research such as watching big business programs giving me ideas on how to start my business. As this will be research into the market that I'm entering and giving me ideas on what is possible to achieve. Also using other websites to figure out what my website should look like all the user generated content and other factors to make my website more aimed at my audiences/demographic. The roles I will have on my team would typically suit an online business having the strengths of a normal online business for my business to function properly. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity 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 GCSE Business, Companies and Organisation, Activity essays

  1. Business Studies Edexcel Coursework

    clean would make him seem organised and professional to the eye, and attracting potential customers is what he wants. Business cards Advantages: Business cards are extremely useful and handy for promoting the business further to first time customers, or to just professionalise the image of the business.

  2. Tesco Research

    Tesco provides one voucher for each �10 shopping to customers, so this means that they provide them according to the total cost of the money the customer is spending. This is a high-level communication technique that enhances to present Tesco corporate communication.

  1. Business Studies

    gearing > Ratios from REVENUE STATEMENT = profitability and efficiency Liquidity Solvency > Gearing debt to equity ratio tells the business if it can pay its liabilities > Measures long term stability > Low level of solvency = risky financial position > When a businesses have a high level of

  2. Benefits of Having an Online Presence for Your Business

    The task at hand is to get your webpage at the top of its game and to keep it there. Marketing Benefits This is the advantages receives for knowing more about its customers, contacting them more rapidly and more simply and offering every aspect to their customer's needs.

  1. BTEC Business Unit 8: Business Online: Staffing, Financial & Distribution Issues A Business Organisation ...

    Initial Investment Costs of Hardware, Software and Program Adaptation The cost of the Clowning Around site will all depend on whether the development of the site is through a specialist agency or in-house. The main costs that you will come across are, purchasing additional hardware requirements, such as new computers, printers, scanners, servers etc.

  2. Starting a Small Business

    sharing your ideas with them and make them seem interested in what you have to say to them Disadvantages: * They are expensive to run as you have to pay for wherever you are going to host the meeting unless it will be in your own household.

  1. Business Studies(Setting up your own business)

    capital * Individual partners can specialise in an area of the business in which they have special skills Disadvantages of a Partnership are: * A lack of finance means there would be limited opportunity for growth * Unlimited liability means that partners are liable for all debts * Disagreements between

  2. Business plan for a new shop.The business idea I am going to be presenting ...

    be one person who is liable for everything to do with the business. The advantages of being a sole trader is that its is a small business so less money is required, quick decisions can be made without having to consult others, all profits are kept to one person and financial information can be kept private.

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