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Enterprise Creating your own business

University: N/A

  • Unit No: N/A
  • Level: High school
  • Pages: 2 / Words 454
  • Paper Type: Assignment
  • Course Code: BM6005
  • Downloads: 87

Table of Content

  1. MAIN BODY
Organization Selected : Organo essentials oil

Enterprise Creating your own business

INTRODUCTION

It is important to analyse as well as evaluate different factors while creating and develop a business. This will help in conducting business task in effective and efficient manner. Chosen company for this report is Organo essentials oil. This is located in UK market area as well as providing its products and services to different parts. This report includes canvas business model to develop better strategies.

MAIN BODY

Canvas model

Canvas business model in consider as an effective way of developing various strategies . This will lead to have impact over performance of business as well as accomplishment of desired goals. This model includes various elements which will support in better decision making. Business canvas model is mention below in respect to Organo essentials oil company.

Key partners

  • Raw material supplies
  • Herbs and plant distributes
  • Transportation partners

Key activities

  • Collection of herbs and other resources
  • Development of essential oil
  • Marketing and sales of product

Value proposition

  • High quality tested products
  • Effective packaging
  • Easy to use
  • Personalized products to meet customer requirements

Customer Relationship

  • Direct communication with customers
  • Post sales services
  • Loyalty towards customers

Customer segments

  • Health conscious customers
  • customers who Prefer organic products
  • Men and women of age above 20.

Key Resources

  • Human resources
  • Raw material
  • Infrastructure
  • Innovative technology

Channels

  • Online sales of products
  • Direct supply to customer
  • Retail supply channels

Cost structure

  • Raw material cost
  • Manufacturing cost
  • Fixed and variable cost of business

Revenues streams

  • Sales of products
  • Collection of funds
  • Subscription charges

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Planning for growth

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