this is a final project of a business plan that is due step by step every week the prof well send us...

Question

this is a final project of a business plan that is due step by step every week the prof well send us the requirement and we need to submit itFollow the four points:1. What my business idea is?2. Why it represents a good opportunity?3. A brief description of the Market Opportunty.4. What are my envisioned Competitive Advantages?This is the final project and if worth 100% of the GREADES !This project should be around 15 pages and is due step by stepThe first requirements are writing the proposal, executive summary and business model in (2-3 pages only) covering the following points..My project is about Juice Shop-Juice Shop is a new restaurant specializes in serving fresh and organic juice to its customers in Taif city in the western area of Saudi Arabia. Our vision is to be the market leader in providing fresh and organic juice Taif city. We want to establish our brand through marketing and promoting our fresh and organic juice to all people in Taif city.Please do some research on restaurants and better understand their revenues and costs and target markets. You should then be able to translate this to your location**Your summaries MUST include all market data. The reader needs to understand the size of the market, the size of your target market (both in terms of $'s) and your expected share. You need to do a THE best job of describing your services and value proposition. You will also need to describe the competition and how you are different; ie what are your competitive advantages.**These all need to be addressed in your executive summary. Please update the summary for the business plan you are going to pursue, ensure you address all of these concerns.
	
Document Preview: Follow the  four points:1. What my business idea is?2. Why it represents a good opportunity?3. A brief description of the Market Opportunty.4. What are my envisioned Competitive Advantages?This is the final project and if worth 100% of the GREADES !This project should be around 15 pages and is due step by step The first requirements are writing the proposal, executive summary and business model in (2-3 pages only) covering the following points..My project is about Juice Shop- Juice Shop is a new restaurant specializes in serving fresh and organic juice to its customers in Taif city in the western area of Saudi Arabia. Our vision is to be the market leader in providing fresh and organic juice Taif city. We want to establish our brand through marketing and promoting our fresh and organic juice to all people in Taif city.Please do some research on restaurants and better understand their revenues and costs and target markets. You should then be able to translate this to your location **Your summaries MUST include all market data.  The reader needs to understand the size of the market, the size of your target market (both in terms of $'s) and your expected share.  You need to do a THE best job of describing your services and value proposition.  You will also need to describe the competition and how you are different; ie what are your competitive advantages.**These all need to be addressed in your executive summary.  Please update the summary for the business plan you are going to pursue, ensure you address all of these concerns.

David · Accepted Answer

JuiceShopisa Business plan
JuiceShopisa Business plan 
 
1
JuiceShopisa business plan 
Names  
Institution
JuiceShopisa Business plan 
 
2 
Executive Summary 
This business plan Highlights JuiceShopisa a new juice shop that is to be based in Taif 
City in Saudi Arabia. The restaurant will specialize in serving fresh and organic juices in the 
western area of the country in Taif City. The entity is modeled following the success of similar 
businesses around the world and especially in Europe and America. To capture the target market, 
the entity aims at attractively pricing its products and emphasizing on the nutritional value of the 
products to the customers. The vision of the juice shop is to be the market leader in providing 
fresh and organic juices in Taif city. The objective is to establish the brand through the 
marketing and promotion of fresh as well as organic juice to the entire populace of the city. 
To be able to come up with the idea, a SWOT analysis will be done in order to identify 
the internal and external factors that are critical to the success of the business. Among the 
external factors at play include competition, marketing, location labor, seasonal sales, tourism 
and social trends. Internal factors that affect the business include employee satisfaction, reliance 
on tourism, adoption of new concepts, seasonal sales, healthiness and nutritional value. In the 
formulation of the business strategies, the above factors will be incorporated into a SWOT 
matrix.  
The strategies formulated will be ranked according to their net present value. Having in 
mind the cultural challenges that affect businesses in Saudi Arabia such as communication styles, 
relationships among the people, the Islamic religion, hierarchy and attitude to time, strategies 
will be formulated in a way that they are not in conflict to the local population. The most viable 
strategy will be expansion so as to benefit from economies of scale and offer products at 
JuiceShopisa Business plan 
 
3 
relatively cheaper prices compared to competitors. At the same time the strategy has the potential 
for increased sales and asset base for the business in the future.  
The pricing of the product is expected to be low compared with competitors and 
penetration and psychological pricing will be used in order to capture the market and maintain it 
in the future. It is expected that the price will attract locals as well as tourist who visit the 
country. Due to competition in the industry especially from substitutes, this pricing strategy will 
ensure that demand for the products increase. Marketing of the products will be through poster, 
word of mouth, websites, radio events and free samples.  
The target population for the product is three hundred thousand people in the city centre 
and other commercial places around the city that include shopping malls,

this is a final project of a business plan that is due step by step every week the prof well send us the requirement and we need to submit it Follow the four points: 1. What my business idea is? 2....

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment