Business Plan
Business Plan
Business Plan
TABLE OF CONTENTS
1.1Objectives...................................................................................................................3 1.2Location......................................................................................................................3 1.3Keys to Success...........................................................................................................3 1.4 Revenue Generation...................................................................................................4 1.5 Monetary Expectations..............................................................................................4 2. !usiness "escription......................................................................................................5 2.1 Mission.......................................................................................................................5 2.2 #ision.........................................................................................................................5 2.3 Motto..........................................................................................................................5 2.$ %ontact &n'or(ation...................................................................................................$ ..........................................................................................................................................) ........................................................................................................................................1 Ki*s %+ot,es.....................................................................................1 ........................................................................................................................................1 -oys................................................................................................................................1 3.2 .,ere to /in* %roc,et "esi0ns to Ma1e an* Se++...................................................11 &t is not a+2ays t,e case3 but (any croc,et *esi0ners 2,o post t,eir 2or1 on+ine 2i++ 0ive you per(ission to use t,eir patterns as +on0 as you *o not *istribute t,e pattern in any 2ay or 0o into (ass pro*uction o' t,e pattern. 4ou can 'in* (any croc,et sites si(p+y by *oin0 a searc, in Goo0+e or any ot,er searc, en0ine...................................11 5+2ays c,ec1 t,e 2ebsite in re0ar*s to t,e pattern po+icies an* (a1e sure t,at you 'o++o2 t,e(. &' no in'or(ation is avai+ab+e t,en you s,ou+* contact t,e *esi0ner an* obtain per(ission 'irst be'ore you start se++in0 any ite(s 'ro( t,eir *esi0ns...............11 5++ (y 'ree croc,et patterns on %roc,et67%ra'ts are avai+ab+e 'or you to use as +on0 as you *o not (ass pro*uce or re*istribute t,e patterns. 4ou can rea* (ore about (y pattern po+icies on (y 2ebsite.......................................................................................11 4. Mana0e(ent Su((ary................................................................................................15 4.1 O2ner an* Mana0e(ent -ea(................................................................................15 4.2 8ersonne+ 8+an..........................................................................................................15 5. Mar1etp+ace 5na+ysis...................................................................................................1$ 5.1 &n*ustry 5na+ysis.....................................................................................................1$ 5.2 Mar1et Se0(entation...............................................................................................1$ 5.3 %o(petition an* !uyin0 8atterns............................................................................19 5.4 %o(petitive E*0e.....................................................................................................19 5.$ Mar1etin0 Strate0ies................................................................................................1) 5.9 Mar1etin0 -actics....................................................................................................1: 5.) Services Overvie2...................................................................................................1:
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1. 0 Executive Summar
Startin0 an on+ine croc,et business is inexpensive as you *o not nee* any invest(ent ot,er t,an an internet connection3 your ti(e3 yarn an* croc,et ,oo1s. & 2ou+* +i1e to say t,at it is easy3 but it ta1es a +ot o' ,ar* 2or1 an* *e*ication unti+ you be0in to see so(e positive resu+ts. <ence t,e reason 2,y t,ere are so 'e2 2,o succee*. Ki*s%roc,et.or+*.co( is a p+ace 2,ere parents can co(e to0et,er an* s2ap 'res, ne2 c+ot,es 2it, eac, ot,er. 4ou 2i++ no +on0er ,ave to spen* precious ti(e an* resources to 'in* c+ot,es 'or your c,i+*. "on7t 2aste your ,ar* earne* (oney on ,i0,=price* c+ot,es 2,en you can 'in* t,e sa(e pro*ucts at Ki*s%roc,et.or+*.co(. !y usin0 t,is service you can 'in* c+ot,es 'or your 1i*s at ,a+' t,e cost.
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1.1O!"ectives
%apita+i>e on t,e nee* 'or parents to 'in* inexpensive3 ,i0,=;ua+ity c+ot,in0 'or t,eir c,i+*ren as 2e++ as t,e nee* to se++ usab+e c+ot,in0 t,at t,eir c,i+*ren ,ave out0ro2n.
Secure 1 per cent o' t,e on+ine c,i+*ren7s? use* c+ot,in0 (ar1et by 2 19. &ncrease t,e nu(ber o' return visits by 95@ in t,e 'irst years.
1.#L$cati$n
Ki*s%roc,et.or+*.co( 2i++ a*,ere stron0+y to our (ission state(ent an* 2i++ continue to en'orce ,i0,=;ua+ity c+ot,in0 stan*ar*s. Ki*s%roc,et.or+*.co( 2i++ operate 'ro( a business co(p+ex at Aa(a+1,an in %,itta0on0 2it, a sta'' o' 1 =2 but increasin0 e(p+oy(ent opportunities as t,e co(pany 0ro2s.
1.%Ke s t$ Success
.e 2i++ be ta1in0 a*vanta0e o' a++ t,e +atest e=business tec,ni;ues by uti+i>in0 a socia+ net2or1in0 syste( create* 'ro( t,e 0roun* upB 0ivin0 parents t,e po2er to s,ape t,eir accounts into t,eir o2n (iniature e= business.
-,e (onetary 0oa+ 'or Ki*scroc,et2or+*.co( is to (a1e a pro'it. -,e 2ay t,e co(pany 2ou+* *o t,is is by se++in0 a* space on our site an* se++in0 +in1s 'ro( our 2ebpa0e to ot,ers. Since 2e are a consu(er to consu(er business 2e *o not (a1e a bi0 pro'it 'ro( t,e custo(ers. -,e co(pany 2i++ c,ar0e a s(a++ 'ee to t,e consu(er to ,e+p 2it, t,e (onetary expectations. -,e 'ee 2i++ be s(a++ an* 'air3 since 2e are tryin0 to ,e+p peop+e save (oney by buyin0 use* c+ot,es. -,e 'ee 2ou+* be aroun* 1@=2@. -,is a(ount is not 0oin0 to ,urt t,e consu(ers an* t,is 2i++ ,e+p 2it, t,e (onetary expectations. -,e (ore consu(ers 2e 0et to purc,ase pro*ucts at our site3 t,e ,i0,er t,e inco(e 2i++ be base* on our s(a++ user7s 'ee.
#.1 )issi$n
-o ,e+p t,ose 'a(i+ies in nee* o' c,i+*ren7s c+ot,es by provi*in0 an on+ine environ(ent 2,ere parents can buy3 se++3 an* tra*e use* c+ot,es to ot,er parents aroun* t,e 2or+*. -,is is an opportunity 'or parents to ri* t,e(se+ves o' 1i*7s c+ot,es 2,i+e puttin0 (oney bac1 in t,eir poc1ets.
#.# +isi$n
.,i+e expan*in0 our reac, 2e can reuse appare+ an* re*uce t,e *e(an* o' ne2 c+ot,in0 by c,i+* +abor en*orsin0 or0ani>ations. !y 1eepin0 our stan*ar*s ,i0, an* (o*eratin0 0oo*s containe* in t,e store3 2e can ,e+p parents o' a++ types o' bac10roun*s ac;uire t,e c+ot,in0 t,ey nee*. .e be+ieve in provi*in0 truste* pro*ucts an* services3 1eepin0 +i'e si(p+e 'or our custo(ers3 an* creatin0 a tru+y 2ar( experience.
#.% )$tt$
#.& Or,er *r$cess4ou can on+y s,op on+ine 'ro( Ki*s %roc,et 2or+*.co(. -o or*er you ,ave to sen* a (essa0e (entionin0 +in1 o' your *esire* pro*uct. .e *o not ta1e or*er or con'ir(ation or consu+t t,rou0, p,one. 4ou nee* to +et us 1no2 by sen*in0 a (essa0e to t,e pa0e. Or*er 2i++ be on+y con'ir( a'ter you sen* t,e 'u++ *etai+s. /i++ upE 6a(eE 8,one noE "e+ivery pointsE Aa(a+ 1,an3 %,itta0on0 %as, on *e+ivery i' you co++ect 'ro( *e+ivery point... .e a+so provi*e courier service. 8ay(ent process is bKas,. 5 @ a*vance pay(ent is re;uire*. "e+ivery 2i++ be co(p+ete* Maxi(u(E 2it,in 1 *ays Mini(u(E 2it,in 9 *ays.
F F F F
%.0 Pr$,ucti$n an, Desi0n C$llecti$n %.1Pr$,uct cate0$ries !aby c+ot,es !aby ,air bran* !aby soc1 !aby ,at !aby s,oes -oys %us,ions -o**+er be* !+an1et !aby pa0ri turban !eanie Mu''+er <an*1erc,ie's /+o2er c+ip -o**+er cro2n
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Ki,1s S2$es
Ki,1s Hat
Kids Clothes
Toys
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Sam*le arn
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HStart a series o' instruction c+asses t,rou0, your +oca+ cra't store an* on your o2n. -eac, 2,at you +ove3 an* bui+* your business c,ar0in0 I1 per +esson. HSe++ your 2or1 at +oca+ cra't 'airs. Most o' your ti(e 2i++ be spent croc,etin0 ite(s3 an* t,en a 'e2 ti(es a year you7++ sit at a tab+e an* se++ 2,at you can. -,e tric1 is not to 0ive a2ay a++ o' your ,an*i2or1 in t,e interi(. O' course i' you7* +i1e3 you can ,ost your o2n 0ara0e sa+e an* ,ave a tab+e set up to se++ your croc,ete* ite(s. HSub(it ori0ina+ *esi0ns to croc,et (a0a>ines 'or pub+ication. !e sure to 2rite *o2n everyt,in0 you *o3 an* be care'u+ to (a1e your 2or1 pro'essiona+. 4ou *on7t 2ant any (ista1es to s,o2 up i' t,ey *eci*e to p,oto0rap, an* pub+is, your pattern. HSe++ your 2or1 to +oca+ (erc,ants. %,oose (erc,ants 2,o se++ cra'ts3 anti;ues3 even boo1s3 an* s,o2 t,e( your 2or1. Stri1e up a 'rien*s,ip 2it, t,e( an* as1 t,e( to purc,ase your 2or1 'or t,eir store too. H.or* o' (out,. -e++ peop+e3 an* as1 t,e( to te++ peop+e about your ,an*i2or1. S,o2 t,e( too. Let t,e( 1no2 t,at you can (a1e specia+ or*er ite(s t,at 2i++ be 0reat 'or a++ t,eir 0i't 0ivin0 nee*s. .,en you *o3 treat yourse+' 'air+y. .,i+e it7s nice to 0ive your treasures to 'a(i+y an* 'rien*s3 you a+so *eserve to be pai* 'or your 2or13 especia++y 2,en you *eci*e to 0o into t,e business o' se++in0 it.
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Ka>i Siraju( Munira3 "i+ruba 51ter3 Ru(ana Aa,an3 5rc,y Maju(*er3 &''at S,ar(in Ra,i 2i++ be t,e (ana0e(ent tea( 'or Ki*s %oc,et .or+*. Munira is responsib+e 'or sta''in0. Ra,i is responsib+e 'or /inancin0. 5rc,y is responsib+e 'or pro*uct or*erin0 processin0 an* *istributin0. "i+ruba is responsib+e 'or Mar1etin0 8+annin0 an* Ru(ana is responsib+e 'or 8ro*uction 8+annin0.
-,ey 2i++ oversee 'inancia+ p+annin03 t,e on+ine store an* (ar1etin0 e''orts. Outsourcin0 2i++ be use* on so(e initia+ tas1s3 speci'ica++y t,e 2ebsite store *esi0n. 5s t,e co(pany 0ro2s3 (ore personne+ 2i++ be a**e* as nee*e*.
.e expect on+y 'our 'u++=ti(e e(p+oyees 'or t,e 'irst year. Subcontractors 2i++ be use* to ,e+p 2it, 2ebsite *esi0n an* (ar1etin0. 5s 2e expan*3 2e expect to ,ire on (ore 'u++= ti(e sta'' to ai* in (ar1etp+ace researc,3 2eb *esi0n an* ana+ytics3 an* business *eve+op(ent.
Ki*s7 %roc,et 2or+* .co(3 a ne2 croc,et co(pany3 2i++ create a net2or1 'or parents an* private retai+ers to exc,an0e c+ot,es on+ine base* on auctions3 tra*in03 or buyin0 an* se++in0 'ro( one party to anot,er. -,e pri(ary tar0et (ar1et is t,e (i++ions o' parents 2it, youn0 c,i+*ren t,rou0,out t,e 2or+* 2,o nee* to (a1e t,e best use o' t,eir resources3 inc+u*in0 c+ot,in0 an* (oney. -,e business 2i++ be (ar1ete* to re0ions a++ over t,e 2or+* via print ca(pai0ns an* on+ine a*vertise(ents.
(.( C$m*etit$rs
Main+y our co(petitors are virtua+.Loca+ %o(petitors are t,e +oca+ bouti;ue s,ops.!ut t,ey are not t,at (uc, aban*one* 2it, croc,et pro*ucts.!ecause o' 2e o''er uni;ue co++ection an* custo(i>e* pro*uct3 it is our p+us point to be co(petitive in t,is (ar1et.
%reate an on+ine business t,at 2i++ a++o2 parents 'ro( aroun* t,e 2or+* to *o business 2it, eac, ot,er. %reate an on+ine co((unity t,at 2i++ encoura0e parents to interact 2it, eac, ot,er an* ,ave (eanin0'u+ transactions3 t,us encoura0in0 return visits. Give parents t,e abi+ity to set up t,eir o2n 2eb pa0es 2,ere t,ey can 'ee+ o2ners,ip in t,e business.
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5*vertise on ot,er re+ate* sites3 suc, as e!ay3 5(a>on3 an* ot,er c,i+*ren7s c+ot,in0 sites. 8artner 2it, t,ese sites to sen* one anot,er business. "o e(ai+ ca(pai0ns 2,ic, 0ive 'irst=ti(e buyers a *iscount or incentive. -o a*,ere to our 0oa+ o' re*ucin0 c,i+* +abor in ot,er countries3 partner 2it, c,aritab+e or0ani>ations an* (a1e t,is 1no2n to our buyers to +et t,e( 1no2 t,at t,eir transaction is va+uab+e to ot,ers.
.e p+an on (ar1etin0 to a++ consu(ers +oo1in0 to buy3 se++3 an* tra*e 1i*s c+ot,in0E %onsu(ers 2i++ be ab+e to visit our site an* searc, 'or 1i*s c+ot,in0. -,ey can buy c+ot,es 'ro( anot,er 'a(i+y3 tra*e c+ot,in0 'ro( anot,er 'a(i+y3 or se++ c+ot,es o' t,eir o2n. -,e consu(ers 2i++ a+so be ab+e to start up t,eir o2n pa0e 2,ere t,ey can t,en s,o2case t,eir ite(s an* a+so ,ave a section in t,eir pa0e to +et ot,ers 1no2 2,at ite(s t,ey are in nee* o'. -,e ite(s 2i++ be ab+e to reac, one anot,er by posta+ service. -,ey 2i++ be ab+e to pay 'or services t,rou0, a (erc,ant account set up 2,en t,ey beco(e a (e(ber. .e 2i++ incorporate a +ist o' bene'its 'or our consu(ers 2,o are constant subscribers an* buyers.
Knexpecte* costs (ay increase co(pare* 2it, t,e 'orecaste* sa+es. Over+y a00ressive an* *ebi+itatin0 actions by co(petitors. 5 para++e+ entry by a ne2 co(petitor. <avin0 to +i;ui*ate t,e inventory to pay bac1 t,e ban1 +oan an* to (eet t,e operatin0 costs.
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"ea+in0 2it, t,e 'inancia+3 business3 an* persona+ *evastation o' t,e business?s 'ai+ure.
Capital from Partners: Partners Kazi ira!um "unira &umana 'ahan )ilru*a Akter Archy "a!umder ,ffat harmin &ahi Total Amount (TK) #$%$$$ ($%$$$ ($%$$$ +#%$$$ +#%$$$ -%$$%$$$
-,e 'o++o2in0 represents t,e 8rojecte* 8ro'it an* Loss 'or Ki*s %roc,et .or+* base* on sa+es an* expense projections 'or next 3 years. .e are anticipatin0 t,at 2e 2i++ nee* to a** invest(ent into t,e business to expan* it an* to se++ our pro*uct abroa*.
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Particular
Sa+es Revenues %osts o' Sa+es Gross 8ro'it Sa+aries Expenses 5*vertisin0 L
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..(Bene/its
PointsE %onsu(ers 2i++ be ab+e to accu(u+ate points *esi0ne* to 0ive t,e( cre*it in purc,asin0 ite(s 'or( t,e site. Consumer of the "onthE .e 2i++ be ab+e to a*vertise on t,e (ain site pa0e so ot,er consu(ers can 1no2 about t,e( 2it,out searc,in0 t,rou0, t,e nor(a+ searc, pa0es section. 4ree hippin1 and 0andlin1: %onsu(ers 2i++ be ab+e to ac;uire a #&8 bene'it 2,en t,ey invite a certain nu(ber o' ne2 subscribers to our site.
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7.# Wea4nesses
-,e 'o++o2in0 are attributes o' our or0ani>ation t,at cou+* be ,ar('u+ to ac,ievin0 our objective. Gro2in0 co(petition 'ro( ot,er E=!usinesses
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7.% O**$rtunities
-,e 'o++o2in0 are externa+ con*itions t,at are ,e+p'u+ to ac,ievin0 our objectiveE Gro2in0 *e(an* 6e2 tec,no+o0ies Mar1et *eve+op(ent &nnovative strate0ies -actics3 contracts 5*vertise(ents an* partners,ips Seasona+ in'+uences &n'or(ation an* Researc, on b+o0s Geo0rap,ica+ i(portJexport Li'esty+e an* in*ustry tren*s
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7.& T2reats
-,e 'o++o2in0 are externa+ con*itions t,at cou+* be ,ar('u+ to ac,ievin0 our objectiveE
Govern(ent Re0u+ations %,an0e in &n*ustry %,an0e in -ec,no+o0y -ren*s in -ar0ete* (ar1et Le0a+ 'actors Environ(enta+ &ssues %,an0e in (ar1et s,are On+ine Sca((ers Loss o' 1ey sta'' Econo(y M,o(e3 abroa* &- "eve+op(ents
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ession: Measurin0 o' t,e continuous re;uests 'or .eb pa0es at our site by a sin0+e user7s !ro2ser t,at ,asn7t been inactive 'or a speci'ic perio* o' ti(e. 5ni6ue 7isitorsE Measurin0 o' an in*ivi*ua+ visitor to a site 0enera++y base* on a co(bination o' &8 a**ress an* bro2ser i*enti'ication or coo1ies. -,e nu(ber o' uni;ue visitors can ,e+p us eva+uate t,e success o' our searc, en0ine opti(i>ation e''orts an* site a*vertise(ent or pro(otion. &epeat 7isitorsE -,is (easure(ent i*enti'ies uni;ue visitors 2,o visit a .eb site (ore t,an once *urin0 a speci'ic ti(e perio*. 5 +ar0e nu(ber o' repeat visitors can in*icate visitors are 0ettin0 t,eir 2ants an* nee*s (et at our site3 a s(a++ nu(ber o' repeat visitors can in*icate a prob+e( at our site. Pa1e 7iews or ,mpressionsE -,is (easure in*icates t,e nu(ber o' ti(es a speci'ic pa0e is vie2e*. 8a0e vie2s in'or(ation te++s us 2,ic, pa0es our visitors are an* are not vie2in0 at our site. Pa1e 7iews per 7isitorE 2eb
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,P AddressesE -,is (easure(ent i*enti'ies t,e ori0in o' a uni;ue visitor. 5na+y>in0 &8 a**resses enab+es us to approxi(ate+y i*enti'y countries 'ro( 2,ic, our .eb site visitors are co(in03 as 2e++ as 'ro( 2,ic, net2or1s. &eferrin1 5&89sE -,is (easure(ent in*icates ,o2 visitors reac,e* our .eb site. .,et,er by 1eyin0 in t,e KRL *irect+y3 c+ic1in0 a +in13 or usin0 a searc, too+. Re'errin0 KRL7s can ,e+p us eva+uate t,e e''ectiveness o' on+ine a*vertisin0 +in1s. :rowser TypeE -,is (easure(ent in*icates 2,at type o' .eb bro2ser a visitor is usin0. -,is in'or(ation 2i++ ,e+p (a1e sure our site pa0es operate correct+y in our tar0et au*ience7s bro2sers. Click2 tream AnalysisE -,is (easure(ent i*enti'ies t,e pat, visitors ta1e 2,en navi0atin0 t,rou0, t,e pa0es on our .eb site. Con;ersion &ateE -,is (easure in*icates t,e rate at 2,ic, visitors are beco(in0 buyers. hoppin1 Cart A*andonmentE
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