Finance and Funding.
Financial requirements.
Sources of funding.
Financial forecasts.
Risk Analysis.
Appendices.
Detailed financial projections.
Curriculum vitae of team members.
Target customers.
.
Project Overview.
Profile of the industry.
The trend of alternative medicines and growth of awareness of health and self well-being has increased immensely in recent years. It is also expected to increase even more in years to come, as recent trends would indicate.
Our competitors range from pharmacies such as boots, who have a range of relaxation treatments and herbal medicines, local pharmacies who generally supply a limited selection of relaxation treatments to store such as the body shop that sell similar products to ourselves.
Profile of the business.
We predict that most commodities will be sold in small quantities and as they are not reusable, we are confident that customers will return frequently to purchase again.
We predict that we will sell as many similar products as our competitors within the first three months of starting up. And as we are situated in Dublin city, we are confident to attract many customers on a daily basis.
The business concept.
Our store will sell relaxation products such as incense, oils and scented candles along with alternative medicines and herbal remedies. Our store will be unique as it has a combination of all these products under one roof, unlike our competitors. Our customers will obtain a sense of self well-being and a healthy alternative to modern day medicines. Our store also has the benefit of being centrally located so it is easily accessible to customers. As developments take place in the future in the area of alternative medicine, we intend to adapt our store to suit new and modern requirements.
Process and Resources.
Operations plan.
The geographical location of our store is beneficial to us as we are almost guaranteed customers in that area. We are situated right in the heart of Dublin city, where hundreds of people pass by every day.
