Car Wash Business Model
SCHOOL OF HOSPITALITY, TOURISM & CULINARY ART
DIPLOMA IN INTERNATIONAL HOTEL & TOURISM MANAGEMENT
FINANCIAL MANAGEMENT I
BC 008
GROUP ASSIGNMENT
TAN HANN LUN 54311
CIA SIN YIN 54015
SAIM SHIN YEE 53845
LAW JIA HUI 53962
LEOW SIEW MUN 53569
HENG LUAN SIANG 54283
DATE OF SUBMISSION
25TH OCTOBER 2010
LECTURER
MR ROMZEE
ACKNOWLEDGEMENT
First and foremost, we as a team would like to thank Mr Romzee, who is our Financial Management I subject’s lecturer. We have been given the chance to brainstorm on an idea to start a business and produce a complete business plan. Despite of the obstacles and difficulties we faced throughout the planning stage, we are very grateful and thankful as this project had really make us to think with creativity and innovatively in order to create a totally new and convincing business plan. In the beginning, we had a good kick start. Our ideas flown in like a river stream and we had spent some time to determine the best idea. In between, our team had undergone some vigorous discussions and arguments as we argued on the pros and cons of our ideas regarding the preparation of business plan and the feasibility of the business in reality. Finally, we made up our mind to select the idea of starting a car wash business. In between the progress of completing the research, our team faced some fierce arguments on the method of calculation, control system and management system. Nevertheless, we were able to sort everything out and continue with our progress. Lastly, we were grateful and thankful that we were able to finish the assignment according to the schedule.
Content
1. Introduction
1.1 Name and address of business
1.2 Name and address of principal (owners)
1.3 Nature of business
1.4 Statement of financing needed
2. Executive Summary
3. Industry Analysis
3.1 Future outlook and trends
3.2 Analysis of competitors
3.3 Market segmentation
4. Description of business
DIPLOMA IN INTERNATIONAL HOTEL & TOURISM MANAGEMENT
FINANCIAL MANAGEMENT I
BC 008
GROUP ASSIGNMENT
TAN HANN LUN 54311
CIA SIN YIN 54015
SAIM SHIN YEE 53845
LAW JIA HUI 53962
LEOW SIEW MUN 53569
HENG LUAN SIANG 54283
DATE OF SUBMISSION
25TH OCTOBER 2010
LECTURER
MR ROMZEE
ACKNOWLEDGEMENT
First and foremost, we as a team would like to thank Mr Romzee, who is our Financial Management I subject’s lecturer. We have been given the chance to brainstorm on an idea to start a business and produce a complete business plan. Despite of the obstacles and difficulties we faced throughout the planning stage, we are very grateful and thankful as this project had really make us to think with creativity and innovatively in order to create a totally new and convincing business plan. In the beginning, we had a good kick start. Our ideas flown in like a river stream and we had spent some time to determine the best idea. In between, our team had undergone some vigorous discussions and arguments as we argued on the pros and cons of our ideas regarding the preparation of business plan and the feasibility of the business in reality. Finally, we made up our mind to select the idea of starting a car wash business. In between the progress of completing the research, our team faced some fierce arguments on the method of calculation, control system and management system. Nevertheless, we were able to sort everything out and continue with our progress. Lastly, we were grateful and thankful that we were able to finish the assignment according to the schedule.
Content
1. Introduction
1.1 Name and address of business
1.2 Name and address of principal (owners)
1.3 Nature of business
1.4 Statement of financing needed
2. Executive Summary
3. Industry Analysis
3.1 Future outlook and trends
3.2 Analysis of competitors
3.3 Market segmentation
4. Description of business