Alakhe Lukhele Enterprise Project F4/S2 Task 1 Product 1 T-shirt printing enterprise Most people that I know are artists who are artistic and are very good in their talent, more especially in music and drawing. With their skill which is their passion, they concluded that they would like to now sell or advertise their artwork by showing it to the world. WHAT WOULD BE THE SOLUTION TO THIS? I came up with idea that we could print their art work on t-shirts so that people who are interested could be easily found. This is a great idea because by doing so, their advertisement costs would low. SWOT Analysis STENGTHS: Quick to produce There is a range of option to choose from Customers are a walking advertisement to my business It could attract talent from my customers It secures the workplace OPPORTUNITY: The popularity has opened up workshops to improve skills New jobs could be easily created It encourages small production The target audience/ market could be international Customers could come up with their own custom design WEAKNESS: Little to no loyal customer base More time could be spent trying to market each product It requires a lot of capital The material is limited to the business Lack of usability of machines and software (Sometimes the software could be more updated than the machine so they would not be compatible) THREAT High competition Software could be faulty or have problems The fumes produced during production could be a risk to your health. The final product is not friendly to the environment The laws could affect what you can produce Less people have the right skills Product 2 Fixing and selling used smartphones In my community there is a rate of electronic waste that does not only damage the environment but also kills the wildlife. World-wide, the rate of electronic waste is high, so to reduce this, environmentalist have decided that instead of throwing away old devices we should recycle them to save the earth. Technology is my passion, I thought that it is a great idea to build up my knowledge about technology and pursue in what I like. Moreover, most phones that people have are faulty on the hardware or software which means that there is always a demand for phones to be fixed. SWOT Analysis STRENGTH: Low setup costs and high profits Ability to sell the products online Loyal customer base Limited risk of failure of the enterprise Already have skills OPPORTUNITIES: Very low competition Reduction of electronic waste Sustainable economy High Market demand Could be long term and lasting WEAKNESS: High transport fee Slow to establish the enterprise Training is very costly Material is very fragile There could be a language barrier between me and the customer THREAT: Poor supplier service Unbudgeted expenses due to exchange rate between countries Long delivery time The laws could limit what you can do Growing competitors Alakhe Lukhele Enterprise Project High-volume repair means more profit A chance to sell online as the market is world wide F4/S2 Need to keep up with the latest technology. Product 3 Flipping/ repairing old sneakers A high number of teens worldwide follow the same fashion trend which is casual, street-wear. Since most teens are following the same fashion style some want their own unique shoes so that they could pop out. They mostly want the old, vintage and classic footwear which is hard to find and you find that these sneakers are produced in small volumes. My goal is go around looking for the sneakers in thrift shops, friends and in online shops since they are high in demand yet the supply rate is really low. SWOT Analysis STRENGTH Customer satisfaction is guaranteed Focused employees development Could Support local merchants with purchase reference Loyal customers Low capital is required OPPORUNITY No tax Highly valued Most customers are found online It’s easy to transport although it could cause an inconvenience Increased in environmental conscious Retail sales are soon to be increased WEAKNESS It may be hard to find the right cleaning equipment High transportation costs No uniqueness compared to other competitors Operation costs could be very high THREAT It may need to be regulated There is high competition Most people change style regularly according to the trend The trends are unpredictable. Questionnaires Hello, My name is Alakhe Lukhele in Form 4 Section 2 in Baha’i High School. I am conducting a study on the type of tshirts you like, how much you interested in sneakers and if you would like to fix any electronic device that you have. Please complete this 15-minute survey. Your responses are anonymous and you can skip any questions you are not comfortable with. Thank you for your participation. Alakhe Lukhele Enterprise Project F4/S2 T-SHIRT PRINTING ENTERPRISE . Alakhe Lukhele Fixing and selling used smartphones Enterprise Project F4/S2 Alakhe Lukhele Flipping/ repairing old sneakers Enterprise Project F4/S2 Alakhe Lukhele Enterprise Project F4/S2