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ENTREPRENUERS
DAY
ASSIGNMENT
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BUSINESSS PLAN
1
Content
Introduction………………………..2
Needs and wants…………………3
Survey………………………………….4
Setting goals………………………..5
Advertising………………………….6
Poster………………………………...7
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Introduction
For our EMS entrepreneur’s day assignment,
we were assigned to create a business plan on
what we will sell to the market.
So I thought what could sell that is easy to
make and it all came down to jewellery
specifically rings (homemade).
These rings are made from clay and resin, they
do not cost a lot to produce but can be very
valuable to a person.
I chose this because it’s a very popular trend
going around meaning it’s what is in fashion.
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Need and Wants
This product is classified as a want because
it’s not necessary to live in survive in any
condition or area around the world
As this is a want it has to be eye catching and
attention seeking to attract attention for
possible buyer.
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Survey
Online survey
rings
headbands
I then conducted a survey online on what the
targeted market would prefer headbands or
rings.
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Swot analysis
Weaknesses
Strengths
Not expansive
Designs get
complicated
Do most jobs alone
Limited amount
Few sold if not zero
in the market
Tools are not local
In demand
Opportunities
Swot analysis
Extended beyond Harties
Develop an app/website
Huge business
opportunity
Enlarge the rate at which
products are produced
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Threats
If unsuccessful it wasted lots
of money
Slow process
Time consuming
People are not honest
answering surveys
Sometimes long lines
discourage people
Setting Goals
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List my ingredients
Make a budget
Design+print poster
Necessary equipment
Design+Print order list
Prepare a wide range of product
Design+produce packaging
Investigate areas to put up posters
Be prepared if stock sells out or doesn’t sell
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Advertising
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Necessary information
Name and explain the business
Include promos and specials
Use a slogan
Use A4/A3paper
Use necessary images
Design properly
Poster available on the next page.
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Rings and Bling’s
Rings for
sale
If it rings
it blings
Ranges
from R10R17
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