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

Is There a Scope For a New Business In the Local Area?

Extracts from this document...


IS THERE A SCOPE FOR A NEW BUSINESS IN THE LOCAL AREA? BY NOMHAN KHAN The title I chose is ' IS THERE A SCOPE FOR A NEW BUSINESS IN THE LOCAL AREA?' the reason I chose this title is because I believe that there is a scope for a new specific car garage within my area. What I plan to do is open a garage, which specifically deals with Italian cars. What I have noticed within my area that there are many garages but most do not deal with Italian cars/parts. What I propose to do to do is set up this garage which will be beneficial to the local community as there are many Italian cars around in my area where this will save time for customers who look to order parts from other garages which can take a lot of time to arrive and cost a lot of money. The location of my garage will be situated on a main road. This will be one pro to my business as drivers go past can notice that there is a garage for Italian cars. Besides just selling Italian car parts and fixing cars, I hope to specialise in fixing other cars from countries like Japan, France and Germany. I also propose to sell tyres of all kinds. ...read more.


They also said that they 'rip you off' because you have to pay a lot of money and they do not even do a good job. The next page shows the financial detail of my business for the first three years of running. These spreadsheets include all the variable costs; fixed costs, total costs, fixed assets etc. Short Term Objectives: * To provide the complete range of parts for the Italian cars at competitive prices; * Buy or lease a vehicle for delivery of cargo; * Deliver cargo to our customers on the same day of order; * Advertise and develop awareness of ICRC; * Endow with a technical support line for the general public; * Institute contacts with garages and body work shops for sales; * Have an approves Ministry of Transport inspector; * Provide M.O.T tests; * Buy or lease garage equipment. Long Term Objectives: * Move to a larger premises; * Provide body parts for all sorts of cars i.e. doors, wings etc. on premises; * Expand our range of parts available to cover ore manufacturers; * Provide complete repair and maintenance including M.O.T tests; * Employ extra staff to increase sales and output; * Create a CD/catalogue to supply to customers; * Supply parts and advertise on-line (Internet). PROVIDE COMPLETE RANGE OF PARTS FOR THE JAPANESE AND FRENCH CARS. ...read more.


The cost of leasing a platform lift is approximately �30.00 per week. STRENGTHS: * A complete and comprehensive range of parts for the Italian cars, which no other company provides. * Same day delivery service to account holding customers. * A location that is strategic an accessible to the public as well as being within the surrounds of other motor trade organisations including dealers. * Discounts to account holders. * A credit scheme to assist in customer relationships. * A technical support line for customers. * Free electrical test carried out. * Prices will be competitive as we intend to specialise in a particular type of manufactures. 1. If you had a car garage, which could order specialist good and bulk orders to reduce certain costs, would you use it? 2. Do you think that your business and the local community could benefit from a local car garage? 3. In your opinion is there a high rate of home improvement in the local area? 4. What services does your business need that a local car garage could provide? 5. In your opinion would a local car garage be a success in a local area without one? I would like to thank all the people who answered my questionnaire and my telephone calls and anyone else who helped me with my research information. Businesses need to recruit the best possible procedure workers. To achieve this, I have to decide what procedures to adopt for recruitment and selection. ...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. Business Aims and Objectives.

    Organising meetings Meetings are often held between members of staff or between staff and visitors. Administration staff are responsible for making the necessary arrangements, including booking a room, organisation refreshments, preparing any paperwork, notifying everybody when and where the meeting will be held, taking notes at the meeting and sending

  2. E-commerce in Business Companies of Bangladesh.

    This would discourage unscrupulous enterprises from making false claims on their web pages. both for placing orders, purchasing raw materials and for quick and efficient payment would be the necessary ingredients for any country to enhance its ability to deliver early.

  1. E2: describe and explain the objectives of the business

    It is fast to communicate and it allows people who would find it difficult to meet for conversation. Downward and Upward communication Downward communication - Executives of the company who belong to the top of the structure in the company decide the systems, rules and work and then they communicate these down the line to employees.

  2. Investigating Business at RS Components in Corby For my work experience I went to ...

    I have a rough of what type of job is available in an office and the hours required of a normal days work. The main thing I gained was the information to complete my GCSE assignment. It made it more interesting to write about a company where I had spoken to lots of different people and actually worked there.

  1. "Is there a scope for a new business in the local area"

    Outdoor Activity Centre I have chosen an 'Outdoor Activity Centre' because the only type of leisure we have in Northwich is moss farm, which is a rubbish swimming pool and an astro turf football pitch, I would open a good place with much better facilities with much more to do.

  2. My local area will be in Thornton, Bradford near Leeds, there are already a ...

    here is an explanation of each: Product: The product or service that I am selling to the consumer has to be of good quality in order to attract the maximum number of customers. The product that I am selling (in this case it is internet access)

  1. A construction plan of a new business.

    with 53% of people questioned would be willing to buy at the store if it were set up and would shop there on a regular basis, this gives you Kuhn Patana a good idea that this business may actually work.

  2. Customer Service Assingnment

    This is an advantage for the business itself as well as the customers because it allows the opportunity for them to know where they are in the market place and who are their competitors. Extra service and support activities are developed to enhance or support an up market product image

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