This website uses cookies to ensure you have the best experience. Learn more

Business Plan For A Social Enterprise

2194 words - 9 pages

Our Proposed
The business we like to propose is a café for student studying purpose only. The café is named “Distinct Café”, it mostly serves F.5-F.7 and HKU students. The students can do revisions, interact with peers, eat and drink.
By analyzing the general environment, we found that students are difficult to find a place for their study. Even if they can find a place in the self-study room, there are strict rules applied so that the students are not allowed to communicate, talk, eat or drink, but communicate is very important in today’s studying curriculum, also for most students, they have a habit that they like to eat and drink during revising . As a result, this is an opportunity ...view middle of the document...

The missions of our café are (a) Provide a well-organized environment for studying; (b) Keep the beverage and food in high standard; (c) Maintain a friendly relationship between customers and (d) Provide a customer oriented environment.
The goals of the café will be divided into two parts, (a) Financial goal, (b) Strategic goal. For financial goal: (a) Maintain a long run and profitable business; (b) Stable earning during summer holidays. For Strategic goal: (a) A bigger market share; (b) A stronger reputation among students..
Location & Shop selection
The location of the café is Sai Ying Poon. There are about 10 secondary schools and HKU in the district, that is there are about 3000 potential customers around there. Our target markets are students who are preparing for open exams like HKCEE and HKALE, also the HKU students. For district selection, the specific environment of the district is analyzed. By researches, the number of competitors is not as a threat of the business, there are only three to four cafes in the same district and all of them are not featured in studying purpose. Also there is no public library and there is not much facilities like youth centers for students to study.
For the shop selection, the decision criteria are (1) the number of students nearby, (2) the rent, (3) the area of the flat. After weighted the three criteria, the most important factor is the number of students nearby as our customer base is students. As a result, the café is decided to locate at the centre of the schools area. Also, our café is about 800-1000 ft and equipped with about 60 seats, the maximum capacity is about 50-55 students
Supplier Selection and Employment
For selecting supplier, the decision criteria are (1) The reputation of the supplier; (2) The quality of the goods; (3) The price of the goods. After allocating weighs to these 3 factors, as we are running a small business, the capital is limited. So the most important factor will be the cost, so the supplier with lowest price is being selected.
For hiring employees, there are two decision criteria. Hiring people with low educational level. They can be paid with a lower wage, $25-$30 per hour. Alternatively, hiring people with university level, because they have the technical skills required to help student to solve difficulties in studying, but they need to be paid with a higher wage, $80-$100 per hour. According to a research1 aimed to students who are participating HKCEE and HKALE, the students reflect that it is much more attractive if there are tutors presented in the café. As a result, 3 university students in different subjects (Science, Commerce, Literature) will be hired in peak period and, two normal employees in non-peak period.
Building Image
According to the research1 mentioned, the students concern most are (1) no smoking area, (2) the environment cannot be too noisy. “You will never get a second chance to make a first impression”2. First impression is...

Other Papers Like Business Plan for a Social Enterprise

Social Enterprise Theory: a Literature Review

3800 words - 16 pages enterprise – a solution for the voluntary sector? Social Enterprise Journal 3(1): 67-77. Mair, J. and Marti, I. (2006) Social entrepreneurship research: A source of explanation, prediction and delight Journal of World Business 41: 56-65. Mason, C. Kirkbride, J. Bryde, D. (2006) From stakeholders to institutions: The changing face of social enterprise governance theory Management Decision 45(2): 284-301. Parkinson, C. and Howarth, C. (2007

Business Plan for School Essay

5166 words - 21 pages 1.0 Executive Summary A quality education is sorely lacking in Asaba Delta State, Nigeria. The lack of quality education has had a detrimental impact on families and the society in that part of the state. Infant Jesus Academy School will be a top-notch and English-medium higher secondary school imparting quality education to children in the city of Asaba Delta State, Nigeria. The purpose of this business plan is to raise $100,000 for the

Marketing Plan for Business

599 words - 3 pages been out for, who it is effecting i.e. wheelchairs. Place – Some places could affect the products i.e. a shoe sold at a hair salon, it won’t work whilst you could sell shoes at a clothing shop Promotion – advertising your product via supporting sporting groups, word of mouth, flyers, you could personal sell your items which can save you a lot of money in the long run, direct sponsorship can help you advertise your product(s) so it can show that you like to help out the local soccer, Conclusion So some of these simple ways can help you in your business

Business Plan for Established Business

4533 words - 19 pages Business Plan for an Established Business This business plan consists of a narrative and several financial spreadsheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are finished writing your

Social Media for Business

2552 words - 11 pages Social Media for Business-An Analysis of Statistic Data Introduction. The area under discussion in the following assignment is to quantify the possibility of a deviation from accuracy in the fifty samples formed from a selection of data, following their questionnaire rejoinders. Questioning in which there is a relationship between the kinds of social media is and the type of business. Moreover, does this relationship exist for the reason that

Creating a Business Plan

5385 words - 22 pages Business Planning Business Plan Introduction My idea for the business that I will be planning is a ‘dog grooming’ business, offering a range of treatments that can be purchased and used in order to care for dogs, ensuring that they are as healthy and clean as possible. This isn’t a very competitive market to enter as there aren’t many dog grooming companies that operate within the UK that can dominate the market nationwide; there will

A Business Plan

2507 words - 11 pages Assignment # 4 – A Business Plan One Wing Wonder, LLC Business Description One Wing Wonder, LLC was created by Kathleen Carpenter after having surgery to repair a nerve in the subjects left arm and was forced to keep the arm immobile for two weeks. During this time, the creator was given a standard arm sling to use that was both uncomfortable and eventually gave the subject a rash. There was also a problem of having to carry a purse in

Defining a Business Plan

1169 words - 5 pages Defining a Business Plan Mirza Dizdarevic University of Phoenix Defining a Business Plan Johnson and Johnson is a company that has been around for many years. They strive to bring the purest customer satisfaction and at the same time practice ethics, marketing and also stress the importance of missions and vision of the company. Their view of their mission is stated in their CREDO, which is posted in all the building around all

Business Plan - Catering for Kids

807 words - 4 pages entrepreneurial skills that will be transferable to any job in the future. Sponsored Content Create the Plan that Will Turn Your Vision Into a Reality Create the Plan that Will Turn Your Vision Into a Reality BY LIVEPLAN 1.2 Keys to Success Cultivate an identity (brand) for the Catering For Kids business in the Eugene/Springfield community. Expand our customer base into new areas within Eugene/Springfield. Hire a year-round business manager

Strategic Plan For Business Growth

2372 words - 10 pages Strategic Plan for Business Growth Morgan Cameron MGT450 Uchenna Nwabueze 12/21/2015 In order for any organization to have the opportunity for growth, a strong strategic business plan must be put into place. There are certain things that one must understand thoroughly in order to put a strategic plan together that will ultimately be effective. Some of these key factors that must be understood is the current position in the market, how to

Business Plan For Acting Agency

2281 words - 10 pages  Business Plan for Acting Agency Name Institution Business Plan for Acting Agency Introduction An acting agency is an entity or a company that represents or finds jobs for artists, film directors, screenwriters, models, or musicians in entertainment or film industry. The acting agency supports, promotes, or defends the clients' interests. An accounting agency can specialize on various talents in the film

Related Essays

Plan For A Small Business Essay

2704 words - 11 pages Executive Summary 1.A & A Kids Wear (AAKW) is a retail store for kids wear with good quality and latest trends 2.This business will cater to the needs of Kid’s age from 6 to 11 3.Location of the business is assume an actual location in Chittagong city. The target audiences of the business are : |Age |Population | |5 to 9 years

Template For A Business Plan Essay

1121 words - 5 pages  Cover Page INSTRUCTIONS: The Cover Page should include the following: plan name, company name, company address, company phone and fax, an email address and possibly a revision number or copy number. Type your Cover Page text here. Legal Page Confidentiality Agreement   The undersigned reader acknowledges that the information provided by _______________ in this business plan is confidential; therefore, reader agrees not to

Sample Of Marketing Plan For A Business

814 words - 4 pages Marketing plan *The customers of Costume House Costume house provides costumes to a different range of age groups from infants, to teenagers, to adults, even different social groups to include friends grouping costumes or family or even couples, to cover pregnant ladies' segment as well. *Methods to attract visitors to the website One important aspect in the success of any business who conducts business solely online is traffic. Clearly if

Social Business Plan Essay

5522 words - 23 pages . ------------------------------------------------- As a diversifying plan I am planning to setup a cotton gin which would be forward integration to current business i.e. trading in raw cotton. Cotton ginning is the first process in garment manufacturing. Ginning business has great potential as India is second largest producer and export of cotton and there is huge demand for Indian cotton in international market