StudentShare solutions
Triangle menu

My business planning and presentation experience - Essay Example

Not dowloaded yet

Extract of sample
My business planning and presentation experience

Aimed at working women aged between early 20s to late 40s, the stores would carry the designer outfits of all leading designer labels. As a sole proprietorship firm with a total Capital deployment of 350,000 of which I would contribute 100,000 and rest would be loaned from the bank. Expected the breakeven by the end of the first year Closet expects positive cash flows by the second year onwards. Over 35% of the capital is to be deployed in marketing and promotional activities I have the long term of objective of having a total of
The basic idea of Designer Fashion Retail Showroom is acceptable as viable proposition. Because, the demand for designer clothes is always there and the store could maintain its identity as a store that offers a good selection, reasonable prices, a convenient location would attract and keep customers. However, on hindsight it would have been better to go for a larger single store instead of opening three small stores at three different locations all of a sudden.
4. My work experience as a sales person in the Gucci Outlet gave a lot of practical knowledge on how a retail showroom works, how it looks like, how the customers should be treated, what are the things that customers look for etc. which gave me a lot of confidence.
3. My presentation could have been a lot better. ...
My work experience as a sales person in the Gucci Outlet gave a lot of practical knowledge on how a retail showroom works, how it looks like, how the customers should be treated, what are the things that customers look for etc. which gave me a lot of confidence.
The Weaknesses As realized while making the plan
1. Accounting is not one of my strong subjects and that reflected badly on the financial planning of the project. There were several grey areas in the plan that ought to have been taken care of.
2. Staffing : I paid very little attention to the Human Resource Planning and could not provide a clear picture on how personnel would be recruited, paid and maintained.
3. My presentation could have been a lot better. I did not do my homework on certain aspects such as the financial viability of the project. Especially when asked why the bank would give me a loan for such a big amount I was caught on the wrong foot. Also, I could have included a little bit of meaningful humour in the presentation.
The flaws in the project as reviewed
1. The main problem was that three showrooms were planned within the first month of operation. It was a very flawed idea. There was simply no way that I could have managed all three stores. Moreover, this would eat into our resources so much that it was almost like spreading myself too thin. Instead, what would have been a brighter idea to invest in a single, larger, better store. More space means more places for comfort, more places to display the merchandise, more places to keep the stock, more frontages to attract more walk-in customers. And this would also mean that I could be around to meet all my customers and offer my services to them rather than having to run around to all the three stores trying to supervise every little ...Show more

Summary

I have to say that the whole experience was an eye opener. It was a thoroughly exhilarating experience for me. En eye opener because I never realized what a challenge it was to setup and run a business successfully. And in the end I was pleasantly surprised that I had so much to offer to the idea and complete the plan reasonably well…
Author : mullernyasia
My business planning and presentation experience essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"My business planning and presentation experience"
with a personal 20% discount.
Grab the best paper

Related Essays

Report and Personal Development Plan You are required to produce a report that demonstrates: your ability to perform a rang
with us which would help us in fulfilling our future goals, both long term and short term. This report does not only discuss the analysis of my personal skills only, but it also covers the personal learning, which will be guiding me throughout my career. According to research scholars like Cope (2005), Politis (2005), Dollinger (2008) and Pandey and Tewary (2011), personal learning reflect the auditing skill helps an individual in understanding his/her personal strength as well as weaknesses.
8 pages (2000 words) Essay
Business Presentation
However, I lack the much-needed financial resources to back my business plan. Thus, I am preparing a presentation which I will use to seek the support of the CEO and other high ranking officials that invest in distance learning start-ups. After receiving my request, the business organization informed me that they would want to hear my proposal.
3 pages (750 words) Essay
My experience with writing
Moreover the writing styles may be different for different topics or subjects. Writing of a historical event is different from that of a scientific article. Writing style of a social issue may be different from that of a sports reporting. Most of the people are
3 pages (750 words) Essay
Business presentation
I think my biggest challenge is actually in speaking to the audience instead of reading to the audience. I have a very hard time
1 pages (250 words) Essay
Career planning
I aim to tackle challenges with a great deal of positivity and enthusiasm. I have great faith that Berkeley College will adequately prepare me to towards achieving these objectives. I am aware that in order to attain all that I plan, I will
5 pages (1250 words) Essay
My First Speech Experience
I had never delivered a speech before and actually never had any intention of ever doing so. Needless to say, my experience was one that I considered quite weird and scary for me. That is why I did not relish having to go back to the experience by watching my speech delivery on video format for this particular essay critique.
3 pages (750 words) Essay
Presentation about my classmate
For any parent, this could be a pretty difficult situation but to him, he makes it his joy and pleasure to personally get involved with the care his son needs. He says that his life basically orbits around him and he beams with pride whenever he
1 pages (250 words) Essay
Journal for my Presentation
This report will assess the usage of digital effects with examples in different areas of mass media including films, music videos, and other types of virtual visual
4 pages (1000 words) Essay
My university experience
During my initial days, I was afraid of reaching out to students from diverse backgrounds because of the homogenous society that I had been used to. However, with time, I started making initiatives towards positive socialization. I decided to
1 pages (250 words) Essay
My work experience
Indeed, having an educational experience in law helped me find employment in a business law firm as an office assistant. This was my first employment opportunity because I had never applied for employment of
3 pages (750 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation