SHSR Masking Company Business Plan Muhammad Saood Gangat 8/13/21 Consists of pages Description SHSR Masking Company is going to run a standard and licensed face mask distribution company whose products will not only be sold in Selby Johannesburg but also throughout South Africa We are in the Surgical Apparel Manufacturing industry to make profits and also to give our customers safety and value for their money. These are some of the products that we will be offering; • Distribution and sales of different types of face masks such as cloth face masks, medical (non-surgical) masks, surgical masks, and filtering facepiece respirators such as N95 masks and FFP masks. • The distribution and sales of face shields, medical goggles and other types of protective equipment(PPE) often used together with face masks. SHSR Masking Company is established with the aim of competing favourably with other leading face mask brands in the industry. This is why we will ensure that we put the right structures in place that will support the kind of growth that we have in mind while setting up the business. We will ensure that we only hire people that are qualified, honest, hardworking, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders (the owners, workforce, and customers). As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more depending how fast we meet our set target. Short term goals We aim to become a trusted business To open shops where we sell masks and other hygiene product To create a strong dependable brand To create jobs and play our part in reducing unemployment Long term goals Reduce production expenses by 5% over the next three years. Increase overall brand awareness. Increase your company's share in its market. To grow and contribute positively to society and our community Business Owner Name: Muhammad Saood Gangat ID: Muhammad Saood Gangat-20061020 0064 090 Qualifications: Bcom Business Management Work Experience: None Knowledge: Customer knowledge - you should know your customers' needs and what they think of you. You may be able to develop mutually beneficial knowledge sharing relationships with customers by talking to them about their future requirements, and discussing how you might be able to develop your own products or services to ensure that you meet their needs. Employee and supplier relationships - seek the opinions of your employees and your suppliers - they'll have their own impressions of how you're performing. You can use formal surveys to gather this knowledge or ask for their views on a more informal basis. Market knowledge - watch developments in your sector. How are your competitors performing? How much are they charging? Are there any new entrants to the market? Have any significant new products been launched? Knowledge of the business environment - your business can be affected by numerous outside factors. Developments in politics, the economy, technology, society and the environment could all affect your business' development, so you need to keep yourself informed. You could consider setting up a team of employees to monitor and report on changes in the business world. Professional associations and trade bodies - their publications, academic publications, government publications, reports from research bodies, trade and technical magazines. Trade exhibitions and conferences - these can provide an easy way of finding out what your competitors are doing and to see the latest innovations in your sector. Product research and development - scientific and technical research and development can be a vital source of knowledge that can help you create innovative new products - retaining your competitive edge. Organisational memory - be careful not to lose the skills or experience your business has built up. You need to find formal ways of sharing your employees' knowledge about the best ways of doing things. For example, you might create procedural guidance based on your employees' best practice. See the page in this guide: create a knowledge strategy for your business. Non-executive directors - these can be a good way for you to bring on board specialised industry experience and benefit from ready-made contracts. Skills: • Business management skills • Teamwork and leadership skills • Communication and listening • Customer service skills • Financial skills • Analytical and problem-solving skills • Critical thinking skills • Strategic thinking and planning skills • Technical skills • Time management and organizational skills • Branding, marketing and networking skills Strengths Our products will not only be sold at our warehouse in Selby-Johannesburg but will also be sold at many pharmacies and health shops. Weaknesses It will be difficult to get skilled workers that may be needed in the business. It would take a very long time for the business to grow and become successful. Opportunities: SHSR Mask Production has cloth face masks,medical masks and filtering face respiratored masks. All our masks are used for the same purposes. Just the material ones are more comfortable to some people , the medical face mask is 3 ply and is also very safe to use out in this pandemic , lastly is the filtered respirated face mask ,this mask can be used as a medical masks and can be used as a material mask . SHSR Mask Production has made it easier for people to just order masks online , we do transportation in inner cities and they do shipment to overseas. SHSR has an online store called SHSR Mask Production , to make your life easier just visit our website. Threats: SHSR Mask Production is a great running business , the only bad thing is that other companies shouldn't make same masks as us and sell it cheaper than our masks . If things like that happens in our business we can make a great loss. One more thing is that we need great security guards,guarding the gates so that no theft will be prevented. Bibliography https://templatelab.com/category/marketing/ https://www.profitableventure.com/face-mask https://www.indeed.com/career-advice/career-development/entrepreneurial-skills https://www.infoentrepreneurs.org/en/guides/importance-of-knowledge-to-a-growingbusiness/