Starting a Business: Individual Coursework

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Table of Contents AIMS AND MISSION STATEMENT 3 OBJECTIVES: 3 BUSINESS ACTIVITY 4 MARKET SIZE AND GROWTH: 4 MARKET TRENDS OF UK SOFT DRINK AND SMOOTHIES INDUSTRY 4 MARKETING STRATEGY 7 PRODUCT 7 PEOPLE 7 PRICE 7 PROMOTION 8 PLACE 8 COMPETITOR’S ANALYSIS 9 COMPETITIVE ADVANTAGE 10 TARGET CUSTOMERS 10 USE OF IT 11 STAFF 12 FINANCIAL 13 SOURCE OF FINANCE 13 EQUIPMENT SUMMARY 14 FINANCE SUMMARY 15 CASH FLOW FORECAST – 12 MONTHS 16 BIBLIOGRAPHY 17 APPENDICES 19 APPENDIX 1 19 APPENDIX 2 19 APPENDIX 3 20 APPENDIX 4 20 APPENDIX 5 21 APPENDIX 6 22 Aims and Mission Statement StayJuiced is a Soul trader that promotes healthy living by serving freshly squeezed nutritious juices and beverages. This company will look to enter a market, which is both increasingly growing and competitive with customers tending to stay loyal to their juice providers. Our desire is to satisfy the nutrition needs of health conscious customers and promote a different lifestyle than the norm. We hope to grow as a company and introduce juice bars and implement healthy eating in work places across the country. The aim of StayJuiced is to generate high profitability by offering high quality products for retaining customers in the long run. There are 1 key business partner in StayJuiced, they will prove the financial backing of the start up of StayJuiced and will support the organisation through the first year. StayJuiced will open Juice & Smoothies bar in Fulham market as this location offers a wide range of customers, being located near organisation, collages and is based in a market centre, filled with potential customers. The target customers for StayJuiced are everyday working personal, along with those who are health conscious. We will also aim to partner up with small organisations and schools in Fulham and supply them with fresh juiciest and smoothies to enhance their day. We aim to take the necessary steps in providing the best experience for our customers. By offering a quality customer service on a consistent basis and leaving our customers happy, this will boost our brand awareness. Objectives: • To create brand awareness among the local Fulham customers in the first five years • To generate a revenue of £150,000 in the first year with a gross profit margin of around 40% • To partner with Organisations and Schools • Enhance customer utility by providing excellent quality products • Expand nationally Business activity The Activities of StayJuiced is to provide refreshing smoothies and juices to customer while offering high quality service. The smoothies will be blended with a variety of juices, fruits and yogurts. The smoothies will contain the right amount of nutrition that will give you the boost needed to work all day. The fruit juices are blending with fresh fruits and vegetables. Different mixtures of fruits in your juices offer the required amount of your 5-a-day.

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