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

Business Plan

Extracts from this document...


WHAT MY BUSINESS WILL DO? My business will offer all vehicle drivers and owners a hand car wash service in Langley, Berkshire. As well as hand car washed my business will also specialise in all other car cleaning services, such as: valeting, alloy washing and vacuum. My business will charge customers for cleaning their car to a high standard. The standard of work will be high however the prices of my business will be very competitive. This is mainly due to the fact that in nearby towns to my chosen location there is a lot of competition. LOCATION The location that I have chosen for my business is on the side of the Langley Synergy Gym car par. I have chosen this location because the Synergy Gym car park has approximately 500 parked in their car park through the day in total. This means that the passing trade business can be very high and this will increase my chances of making my business successful. ...read more.


WHY I THINK PEOPLE WILL BUY MY SERVICE? I think people will buy my service rather than going to any of my competitors due to my unique selling point (USP). My USP is going to be pre-booking for hand car washes and cleans. No other hand car wash in the entire Berkshire offers this service to any of their customers. This has resulted in many customers getting fed up of waiting for their turn to come and either going back home or getting their car auto-washed from nearby petrol stations. Also another thing is that where I am locating my hand car wash there is no other hand car wash in Langley. This will help me to gain a majority of the potential customers in Langley. SERVICES I WILL OFFER The services that I will be offering my customers are going to be: Hand car wash Valeting Service Pre-Booking Vacuuming Engine Steam Clean Seat Wash Interior Polish Body Polish Alloy Clean All the services that I am going to offer are going to be normal services those other car washes around Berkshire. ...read more.


This will reduce the businesses costs as well as my personal costs. This will also mean it will be quicker for me to break-even and make a profit. Also if I make my business a LTD company then my business will have limited liability which will mean me and the other person investing in my business will only lose the initial investment we put into the business. ADVANTAGES OF A LTD COMPANY * The business has limited liability * Increases financial assistance * Easier and cheaper to set up than a PLC * The business can sell their shares * Less vulnerable to take over as it requires the agreement of the shareholders before shares can be sold. DISADVANTAGES OF A LTD COMPANY * No one will have complete control of the business * The person that established the business may not be the chairman * You can only sell shares to family and friends * You have to pay shareholders dividends * There is a financial and administration cost associated with setting up and running the business unlike a sole trader. * Harder to raise finance. ...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 Marketing and Markets 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 Marketing and Markets essays

  1. Marketing Plan for the Targe' Full Service Spa Salon

    The presence of the customer base is a great opportunity to market the idea of a full service salon. Having the salon in the store will offer the customer the opportunity to take care of one of their beauty needs in a one stop shop.

  2. Marketing Thorpe Park and London Dungeons.

    Ideal for young adults and groups, Thorpe Parks offers great rides and special events for an unforgettable short break. Their customers can get the most out of their trips to Thorpe Park. With a hotel near to the Park, enabling them to relax and recuperate after a day of thrashes and splashes!

  1. Marketing plan

    2.2.2 Weaknesses * The struggle to build brand equity. * The inability to provide instant gratification by having all sizes in stock. * Forecasting fashion is difficult but necessary to profitability. 2.2.3 Opportunities * A growing segment of the market that is increasingly bothered by having to travel to Claremont for nice shoes.

  2. Marketing Plan of Squench

    However, marketing strategies should be used so as to reverse these negative results after the first six months of operations. * Steep Costs or Expenses To compete in the market, SQUENCH has to advertize and promote the product to boost sales in the long-term.

  1. Market Plan

    My Marketing Plan for Sunseeker Yachts. Sunseeker yachts are a business based on the south coast of England who sells luxury yachts. They have a specialised target market and export 99% of the yachts made. All of their factories are based in the UK and they have many skilled and loyal employees dedicated to the business.

  2. Price snacks LTD

    Information collection table Information required Source of information Market size Mintel- Markey reach agency General questions about the market Market size Mintel Market potential Questionnaire, mintel Market share Mintel Trends Graphs and statistics Gaps in the market Mintel Product development Product idea- flavour, texture, shape, colour Questionnaire, consumer panels Product

  1. business ownership.

    if they are ill, an example of this again is the newsagents, open everyday from 7 Am - 7 Pm. * Developing the business is also limited by the amount of capital personally available. * There is also the risk of unlimited liability, where the sole trader can be forced to sell personal assets to cover any business debts.

  2. Marketing plan for a tutoring service.

    is provided for as not many people are qualified to teach these subjects. This could be the USP (Unique Selling Point) as most tutors only tutor children short term while they are doing their 11+ and then they stop tutoring them after.

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