The business plan

2353 Words5 Pages

The Business Plan

1. Introduction

This portfolio work will enable me to learn how to set up a business.

And we have to do many things to set it up. And I want to set a tuck

shop in the boarding house which is near the school and what I have to

do is get the tuck shop started. I also have to write a business plan

for it to make sure that I know what is I doing. A business plan will

also allow me to minimize risks of failure; failure can be very costly

to a business. I set it up because the boarders in the house always go

to the supermarket in MP .If I haven't written a business plan it will

be an increase in risks and decrease in success in rate.

2. My business

In the school, the student will get pressure from their studies. so by

having some food and drinks to let them relax.. that's why tuck shops

are very popular in school even in boarding house. From the result of

my questionnaires I got over 50% boarders from the boarding house said

they strongly advise to open a tuck shop in the boarding house. So I

become confident of the demand of the house.

The man of my tuck shop called "Come On". This type of business will

be sole trader. This business only owned by me and I need to face

"Unlimited liability" which means I face all the business risk and has

to find all the capital to start the business. We will be selling many

product including ice cream. "Come On" also selling smile and friendly

services for free to customers.

3. Methodology

In my investigation of can I start a tuck shop in the boarding house?

I have done massive amounts of research. First thing I have done is

primary research so that I wrote printed and handed out 30

questionnaires each contain 10 questions. I handed out 30

questionnaires so that my result will not affected by bias, where as

Open Document