Palm City is a partnership company that is owned and operated by five directors that hold equal shares of the capital that’s amount equals £50. The company is specialized in selling premium quality dates and dates based pastries imported from Saudi Arabia, which was claimed by various sources to be the second largest producers in the world of dates. Our products were sold to fill the supply gap of this type of products in the area of Plymouth
This is a coursework but we have to do some activities as well for example we need to sell 125 items. Our company is new to this industry to fill in the gap supply. First step we must do a business plan for our company
Business plan:
Prepare your plan together with your Functional Directors. It should be as brief as possible while still covering the essential points.
These include: • Company Detail – Name, Share Capital, Function Directors.
• Product/Service – Description and how it is to be made/provided.
• Marketing Strategy – Where and to whom you will be selling.
• Market Research, Competition, Promotion.
• Forecast Sales – Estimate of likely sales and value.
• Staffing – Number of Students, pay and rewards