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Your Are An Enterpreneur - Assignment Example
“Beverages Shop” would be initiated with the initial investment outlay of $ 250,000 from a range of investors and lenders. …
Although the beverage industry has remained considerably competitive due to a range of retailers offering beverages brands and products, still there is a market capacity to entertain new retailers in the industry. Additionally, the business would provide a physical space where customers can sit and enjoy drinking different beverages. Although the main objective would be to work as a retailer, however it would also be a way to increase sale by offering congenial environment to the customers. As a result, the ultimate objective would be to enhance the sale of products. Business Product and Staffing Plan The entrepreneur intends to make contractual agreements with the big names in the industry. The companies such as Coca-Cola, Pepsi and other leading companies would be reached. In the agreements, retailer margin, transport of products, loss in transit, bulk purchase discounts and other important factors shall be included. However, before going to finalize agreements, the entrepreneur intends to research the existing policies and interaction between these companies with the existing retailers. For this purpose, both online and offline resources would be used to gather the relevant information. The entrepreneur intends to hire three full time assistants serving to customers. ...