Saturation Inc.: Core Elements of a Business Plan
ASSIGNMENT FOR NEW VENTURE CREATION
Title:
Saturation Inc – Bespoke shirts for men
Assignment Topic:
Prepare the core elements of business plan for Saturation Inc.
Word Count:
From the start of section 1 through to the end of section 8: 1521 words
Saturation Inc – Online bespoke clothing for men
Table of contents
1. Executive Summary
2. Business Overview
3. The Opportunity
4. Objectives
5. The Product
6. Market Analysis
7. Operational Plan
8. Financial Plan
9. References
1. Executive Summary
Saturation Inc is a new venture that caters to smart and fashion conscious male office workers in metropolitan cities in NZ. We aim to provide bespoke clothing, shirts to begin with, in a range of available fabrics, specifically tailored to the customer based on their measurements.
It is a popular belief that men do not generally like buying clothes and tend to know what they want before venturing into retail outlets. If the requirement is for a white shirt then the decision has already been made and all that remains is to find a retail store that sells white shirts and make a purchase.
We intend to create a website that showcases shirts and ties together to help men expand their wardrobe with shirts that look good but more importantly are fitted to the body shape of the customer.
Office based roles are the only roles that have increased in the last 40 years in NZ, an estimated 49% of the workforce. Taking into account the unemployment rate of 6% and assuming 50% of the workforce are male, we have a potential target market of 2’111’500 potential shirt wearers!
The business will be setup and run as a Limited Liability Company with 2 shareholders.
Simon Potter
A seasoned professional sales person with several successful start ups under his belt. After moving to New Zealand in 2011 and gaining full residency in 2013 he began working with a web and software development
Title:
Saturation Inc – Bespoke shirts for men
Assignment Topic:
Prepare the core elements of business plan for Saturation Inc.
Word Count:
From the start of section 1 through to the end of section 8: 1521 words
Saturation Inc – Online bespoke clothing for men
Table of contents
1. Executive Summary
2. Business Overview
3. The Opportunity
4. Objectives
5. The Product
6. Market Analysis
7. Operational Plan
8. Financial Plan
9. References
1. Executive Summary
Saturation Inc is a new venture that caters to smart and fashion conscious male office workers in metropolitan cities in NZ. We aim to provide bespoke clothing, shirts to begin with, in a range of available fabrics, specifically tailored to the customer based on their measurements.
It is a popular belief that men do not generally like buying clothes and tend to know what they want before venturing into retail outlets. If the requirement is for a white shirt then the decision has already been made and all that remains is to find a retail store that sells white shirts and make a purchase.
We intend to create a website that showcases shirts and ties together to help men expand their wardrobe with shirts that look good but more importantly are fitted to the body shape of the customer.
Office based roles are the only roles that have increased in the last 40 years in NZ, an estimated 49% of the workforce. Taking into account the unemployment rate of 6% and assuming 50% of the workforce are male, we have a potential target market of 2’111’500 potential shirt wearers!
The business will be setup and run as a Limited Liability Company with 2 shareholders.
Simon Potter
A seasoned professional sales person with several successful start ups under his belt. After moving to New Zealand in 2011 and gaining full residency in 2013 he began working with a web and software development
References: https://www.nzte.govt.nz/media/352395/planning-for-success.pdf http://www.bplans.com/clothing_retail_business_plan/executive_summary_fc.php http://www.stats.govt.nz/browse_for_stats/snapshots-of-nz/yearbook/economy/national/nz-do.aspx http://www.moneycrashers.com/men-vs-women-shopping-habits-buying-decisions/ https://www.delineo.com/wp-content/uploads/2013/10/Online-male-shopping-habits.pdf